My guess is those numbers are only great when your 10 tenants are paying... and right now, the 10 tenants aren't paying.If it's a woman, she also might be uncomfortable going down to the property if it's bad as you make it out to be.

Its pretty routine now.

I routinely use my own Rental/Lease Agreement for my rental properties.

I went in 50/50 with my father on a duplex, and we put that into an LLC, but mostly to put our ownership rights/responsibilities to paper - I was uncomfortable with the partnership business form.

I am not handy but willing to deal with routine maintenance if needed.

This topic is the one that I am *most* uncomfortable about, among all the things involved in renting a house - The up-front fees for submitting an application.Okay, we want the applicant to to pay us for running their credit reports.

Sometimes it is a little uncomfortable wholesaling a listed property, but I do it anyway.

This doesn't even include the things to come when it's time to actually list, sell and close on the property - someone's got to review the HUDs, answer the phone calls and count the money.Lenders are also taking a closer look at "Repaired Marketing Strategies", especially in new home communities.They're simply not prepared to break their routine, or re-route personell for a single property; It wouldn't be worth the increased liability, or man-hours.I'd add one other thing; On most properties, with most banks and asset management firms, a listing agent is assigned within 1 to 7 days after foreclosure.

Prospects and tenants mostly deal with office staff for scheduling showings and handling routine maintenance issues.

Otherwise, I'm perfectly happy and comfortable doing the "get rich slow and careful" routine.