It could have lots of ridiculous contingencies, could have a small chance of closing or any other of a number of factors that would make it a less attractive offer than another offer with a lower purchase price.

Thanks to the issues Detroit has been facing, we are not exactly the most attractive state.

Helps make the place attractive for new tenants and hopefully shorten any vacancy time.

I believe that's part of what attracts me to CV, it's a really nice place that I wouldn't mind living there myself.Again, thanks for the reality check, and the patience for newbies

When people pull your information up and see a mortgager, its not such an attractive pile of rocks, then.

Pay attention to the search engine optimization (SEO) on craigslist to attract tenants looking for specific features.

utf8=%E2%9C%93&term=Brian+GibbonsThis is my recipe:Sellers:Pretty Houses, above the median price, no workHouses are in the best school districts to attract the best buyers with children.Sellers have little equity, the costs to sell with an agent is about 10 to 15% of the appraised value, perhaps Sellers need to raid an IRA or 401k to sell their home.Sellers agree to lease option to my LLC, and then the tenant buyer pays me a fee to release my option.Tenant Buyersneed to be properly screened by a lic mortg broker.

While not for a second would I suggest the cost of capital is unimportant, it’s not always about the money.If you’re going to compete on cost alone (all that was mentioned above), you’ll want to be the lowest around, market yourself like crazy, and expect a high client turnover since these are the borrowers you’ll attract.

Good deals attract money and people are more than willing to help you get the deal done.

I agree that a leveraged investment could return 14-20% ($140-200K annually), which is more attractive from a retirement standpoint.But, I'd still rather have $10M working for me and then have $1M/year to retire on