If so I would just bite the bullet and chalk it up to learning the game.

This property is in really bad condition and needs extensive exterior and, presumably (boarded up - can't see inside), interior work to bring it up to move in condition. 

If your gross rents are currently less than 3x your P&I in aggregate currently, then in my view you are very tight on cash flow (and preferably 3.5x) and not in good position to weather adversity.With 29 properties, all the debt introduces alot of financial risk, where circumstances cause a large drop in market rents and/or high vacancies across the board, and the problem could overwhelm the ability of your non-RE income to bail you out.Also, if your liquid reserves are less than 6 mths P&I on all your loans, then likewise you need to shore that up.If you can create some free & clear properties by paying off the mortgages, you also have the benefit of being able to transfer them to an LLC to potentially provide some shielding from creditors if problems ever occur in the leveraged portfolio.

Hello, we have a new project manager on board and I am just wondering if I should have a Contract between him and I in case something happens to him on the Job.

I have 2 questions actually:I see a lot of foreclosed homes in my area (assuming that a boarded up home is foreclosed) & since there is no "for sale" sign, how do you get the information on that house?

Welcome to the board, if you haven't had a chance I found the new beginners guide an excellent place to start.

Yeah that is what I did when I first started vision board etc..

I posted a job on an online job board for Filipino's and an ex-pat from San Deigo now living in the Philippines applied for the job.

There is a site that specializes in credit; "lender boards", or something like that .

Crazy how fast 3 people jumped on board BP and their first (and only in one case) post was to pimp out this company...good eye Wendell!!!