Consider giving them upgrades that add to the value of the unit, so that you both benefit, and perhaps gift cards to their favorite places.

However, brokers - as you mentioned - can be conservative/wimps/scared/[insert your favorite here] when it comes to interpreting the rules.I tried working with a broker who dropped back and punted to his attorney, who said "that's illegal!"

I suspect that Jeremy is looking for not only the software part, but also help with formulas.Jeremy, if you have basic excel knowledge, my favorite book on understanding the numbers is "Real Estate Investments and How to Make Them" by Milt Tanzer.

While not the case for all properties, those that are marketed to college students (favorite tenants!)

Welcome aboard.You are close to one of my favorite spots in Tx, Vanderpool.

If you sell the property and sometime later a defect in the title is discovered that would be grounds for a claim against a title insurance policy, you essentially became self-insured.Get specific details from your favorite real estate attorney or title company.

However, there are exceptions to those three if you find the right deal.What I would do if I were you is identify a couple markets you've heard good things about and start investigating them to see A) if they are good markets and b) if you can get deals that cash flow.That said, some of my favorite markets right now for cash flowing properties with good long-term fundamentals are Cincinnati, Jacksonville, Tulsa, OKC and most places in Texas (except Midland/Odessa region - I think that area will pop pretty soon).

I thought that I just needed to show up with my favorite pen and now I'm hearing I need to prepare a HUD1?

I knew "sell the motorcycle" wouldn't be a favorite, haha!

Bill E hey, you hit on one of my favorite topics.