.$21,000....WOW.It sold three years ago for over $300,000Times do change.The experiences above were, beforeMLS, fax machines, cell phones all the other "toys of today" If you wanted to show a listing of another company youhad to drive over to their office to get thekey, show the property, and have the key back within two hours, or they wouldNOT allow you to show any of their otherlistings again.

My method is to market diligently until the next shiny new object comes along, or until I have mailed one time whichever comes first.

You can ALWAYS get via email or cell phone.

Fix an existing building, time it so your inside in the winter (or in Florida,which ever) Seriously though I think BillionaireKid got it....A plan, realistic goals, motivation and a network.

Don't get sentimental or partial towards one property or the other - whichever one has the highest monthly profits and cash on cash return, that's the one I'm buying.BiggerPockets is a great resource for people learning to invest.  

I would give them all a 90 day notice that the rents will increase as of the specified date, or the end of the lease whichever is sooner.

But it doesn't sound that your score is low, so In that case I would suggest to go the investment route , whichever one you decide.

YOU get to choose your title company, so shop around and choose whichever YOU want.It sounds like you have a pretty good deal on your hands, but I would have some misgivings about your bank/lender.This link will allow you to search FHA approved lenders in your area. http://www.hud.gov/ll/code/llslcrit.cfm I have had to find another lender in the middle of a deal, and as long as you have 20-30 days before you have to close, it shouldn't be too much of a hassle.

However these new inexperienced investors with under $1M in assets and less than $100k yearly income are only allowed to invest 10% of their income or net worth whichever is greater, and a maximum of $100k in a year.

I am looking to keep this one pretty simple with stained concrete or tile (whichever is cheaper) with carpet in bedrooms and typical average finish out besides some granite counters.