I've tried uploading and it said that it was not in the correct format.

And Richard is correct, you owe them nothing.But I would use the listing agent to look at other properties.

I just wanted to post a quick follow up:I went to the city council meeting tonight and it turns out the letter was fake...the city logo was not correct and it was not signed properly according to the cousil.

Food for thought.

An economic collapse does not only mean the degradation of trade and commerce, food shortages, bankruptcies and unemployment; it means the systematic dynamiting of the foundations of a society.

You are correct in thinking it is not the house, but the land and where it is located.It is not nessasarliy the structor on the property but the land and area.

Tom,You are correct which is why I eluded to the fact that it would require a commercial loan.

It thats correct, its pure luck.

In fact, when low income tenants leave, they USUALLY leave a refrigerator and all the cabinets FULL OF FOOD (along with their never used broom and vacuum cleaner)!

A real estate license can be a very good tool, as well as a very bad tool in the investment world.There are plenty of ways to do what you want to do, (flat marketing fees, tenant finder fees, ect), so just make sure that you set it up correctly.....