Buying off the MLS at a discount and selling to a cash buyer for a higher amount via a double closing is certainly possible if you know what a good deal is, have a large buyers list (not just one or two who are agents), how to properly and effectively negotiate, and where and how to find that good deal before someone else does.

Effectively you are 50% owners but legally you are the owner (also for tax purposes-- i think).

there is a long wait times to repair HOA issues that could cause discomfort to your tenants or damage your property.

The real estate investing industry, in my opinion, has been greatly damaged by these people.

How much will it effect the small investors, will it kill them?

The news won't have as a big an effect such as storage wars.

The next thing we do is get repair estimates for all the damages.

So a $2,610 lien would cost $10-15.The only reason why I am still contemplating is that these fees reduce my effective return.

I had some gutters damaged by a hail storm last year, the insurancae company paid about $4.50 a linear foot, prices I heard ran from $4.50 to around $6.50 a linear foot, according to the contractor and the type of gutter used (this is in Dallas)

An example (of many potential scenarios) would be they start talking about family, you are able to deduce that there is a huge child support burden that could effect their ability to pay rent.