However, I’d think most contracts have a deadline for performance where you can then terminate and get your earnest money deposit back and move on.

Marcus,If you want more exposure you can list it on the MLS, and you will have to pay a fee to the agent that brings you the tenant then you will have to do a credit check and background check yourself for each applicant however for my clients I prefer to list it on Zillow rentals only, because I can manage the applications directly from there and the prospective tenant only pays $35 application fee once and can apply for different properties with the same application fee.

But then two of the investors I worked with analyzing this deal discovered an engrossing revelation…Included in the documentation letter contained an appraisal report assessing the property at $610,000.00!!

And whats even more impressive is that the numbers include property management built in so its much more passive then managing yourself.

Pay cash for the property and the rehab, then do cash out refi. 

However, if I sell my business then do I no longer qualify to buy a property in the future?

Then as we went to the landfill he say they charged $100 a ton to dump .

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

One of the biggest things I regret looking back on my career is not getting into multifamily sooner and thinking that I had to start in residential and then to slowly work up my unit count.

If more people are leaving then coming in, prices should go down?