Ask the seller to hold 10% of the note for 12-24 months so you can add more value to the property and pay him/her 9% on their money during the term, refi the loan after you have added value, raised rents and maintain the same cap rate or higher during the process.

Something akin to the tribal law system which the government chooses to cooperate with and respect in order to better maintain social and national order.

I believe I know why they are doing it.One of the greatest frustrations with free rental websites is zombie listings: The landlord has already filled the vacancy, but because posting is free, they never bother to take down the ad.By charging a nominal weekly fee, Zillow recruits landlords to help maintain a very large and constantly changing rental database.I'm not mad at them.

The neighborhood has families who play catch in the street and the houses are maintained.

If the tenant does have legitimate complaints about the landlord failing to maintain the property as required by law, their remedy is to escrow deposit their rent payments with the court.

Despite his outside employment, he maintained that he was a real estate professional who spent more than 50% of his time and more than 750 hours on real estate activities.

On the other hand, a better fixed up unit, that is maintained by a better maintenance tech and represented by a better leasing agent with more marketing budget allows me to lift rents by $350.

@Jay Hinrichs Regarding holding a single note vs a single house: holding a single house means ownership over the property and an ability to maintain more consistent cash flows.

If good assets are purchased and maintained you have a much more durable income stream than hotels.

This complex is more well maintained than most in area and in a great location (safety wise, accessible).