If there are concerns about about the property being destroyed, include "safety" inspections throughout the duration of a lease agreement to stay on top of how the home is being treated.

My only REAL expenses are water, electric, car insurance, gas, and food.

I personally think you did the right thing, prioritizing safety over anything else.

Property management is a must though.Just throwing some food for thought out there!

That would make it a 16% cap rate which is really good.Based on income valuation, if the standard cap rate in your area is around 10% that property would be worth $300,000 after your changes, really increasing your equity and position of safety if you should want to refinance in the future.

We sent cards to all and a smoked meats food basket thing to students (it went well with beer) about 25 bucks I think.

quick break10:30 - 12:00 more speakers who providing educational material12:00 - 1:00 lunch break ( cold or nearby fast food )1:00 - 2:00 more speakers who providing additional education material2:00 - quick break2:??

I would want to outweigh the pros and cons, and the buyer with the most added value would surely get my acceptance.For me, I have a background in finances, so I know some really great financial advisors I can refer them to - wouldn't want liability issues attached if I were to handle - that will gladly help them locate a vehicle(s) for the cash they'd be getting out of the property depending on what they want (liquidity, growth, safety w/ growth, etc).

On the other hand, the most successful investors with whom I've spoken has been patient and moved up the RE food-chain one floor at a time in a methodical manner, mastering each floor's intricacies as they go.Your advice is the same as I've received from countless other investors: start on the lower floors and work your way up.

(equate it to Access cards at food stores...you need to be registered).