“He who asks is a fool for five minutes, but he who does not ask remains a fool forever.”Sorry if it is coming off as Dumb or silly but I mainly ask questions to LEARN and engage with the community of investors My statement was playful, yes I would contact lawyer if I needed one.

Do I....1) Find motivated sellers looking to SELL their house (and get them to rent) or 2) Find people renting their property below the market value (and get them to sell in the future)..?

Then you decide to sell it.Rents remained at $50k NOI, sell at a 9% cap: $555,555 valuationRaised rents to $100k NOI, sell at same 10% cap:  $1,000,000 valuation.Raised rents to $100k NOI, sell at a 9% cap:    $1,111,111 valuation

Plus- I rented it under-market because I was so motivated to get it rented, so I had 3 applications in just a few days.

Plus- I rented it under-market because I was so motivated to get it rented, so I had 3 applications in just a few days.

Plus- I rented it under-market because I was so motivated to get it rented, so I had 3 applications in just a few days.

@Jose Castillo thanks for the continued motivation!!!

To Kenny:  I like your idea of offering to return his security deposit sooner if he lets me come in and paint - that is a good motivator!   

Tenants aren’t generally motivated to pay on time unless there’s a financial incentive to do so.

The fear motivates me to never let that happen.