If the return on the capital tied up in the property was not yielding the required return, estimating and including the appreciation, then out the door it goes.Condition: I didn't want repairs or constant maintenance, the property had to be rentable without much improvement needed, if more improvements were needed, then that work was basically placed at risk in leasing.

Basically the park would need to be redeveloped.

Detroit is an example of a rust belt city and it doesn't have money for basic public services.

Basic version is free.

I now have a great foundation of knowledge and my courses in AZ covered the basics of financing, property management, the different career fields in real estate and in addition I had that added bonus of having an investor as an instructor which was priceless!

you have to realize that it's basically a "suburb" of DC.

I will try to answer some of the questions.First, off, these are very basic process questions and I realize you are new to investing.

Thanks guys i appreciate Ned Carey Thanks Ned I will definitely check those out and leave a commentBrandon Turner Love it and so basically stroke the ego?

Welcome Adam.I Live in and own a duplex in Apple Valley and have basically lived in the Twin Cities my whole life.I'm sorry to hear about your initial experience renting your condo!

Since RE is a business, you need to become familiar with general business practices and basic business law.