The same Marco Kozlowski that had to leave the country for fear that some of the people he screwed over might come after him Pulp Fiction style.

I had tenants move out when their lease was upThey notified me 2 months in advance that they were leaving.

The sooner we pay him back the better & right now are leaning towards a 7-8 year plan while leaving the option open to paying off sooner, giving him a monthly check until paid off.

Who knows - maybe she'll just leave like she is suppose to!

-Hedge funds leaving Vegas-New/higher home prices combined with lower rental rates causing lower CAP rates and cashflow-The 80,000+ homeowners that are in default-The spike in NOD's being filed (Las Vegas is currently the 2nd leading city for NOD's being filed.These are just a few of the factors our local market is currently facing.

We collectively refer to it as "a finders fee".Small chunks of cash (10k, 8k, 5k, 2.5k) but they add up and its a much quicker payday and so much less riskier than rehabbing.I am seriously considering getting a RE license because I leave a lot of money on the table when people call me with pretty houses and I can't list them but not having a license does not at all impede my ability to make money via wholesaling.

Make the repairs when the tenant leaves and refi later at a higher market value.

Code enforcement gets the people that leave them out (especially on weekdays when code enforcement is at WORK ;-) ... but really, it's just being a good neighbor if you don't leave them out - many see it as littering.All that said, bandit signs work to get calls.

You typically need to have skin in the game, but at the same time you certainly don't want to drain all of your personal reserves if you don't have to (i.e. if you used up all of your reserves on a traditional downpayment w/a bank - not only would it be gone, but then what's next?

This is my situation: I've been recruiting for the National Guard for 7 years, I don't plan on leaving that position unless I can replace it's income (80K Gross).