So naturally I have to learn the real estate market all over again, but that is fun.

However, if the tenant has no insurance or the damage is your negligence (or natural cause - such as a fire caused by lightning) you are on the hook.A fellow landlord mentioned in one of our REIA meetings that his insurance went up after a fire in the home and the tenant didn't have renters insurance.

They said "ok, just pull around".

Like-kind property is property of the same nature, character or class.

Reject the greedy, the unethical, the self-centered and the selfish and especially those who lie and cheat.Believe me, having money does not mean happiness or success, it's only a means to pull up along side of it, to cross over to it takes many other life experiences!

I suppose pulling this off would become easier as you do a bunch, but starting with 0 in a market, I think there would be a lot of pains with finding decent contractors, agents, etc.

Should pull about 750/month.

I have some extra equity in my first duplex as I bought it with 25% down and it appraised for 20% more than I paid for it that I may try to pull out when I refi to conventional but it's not a huge concern for me.

I'm planning on watching it as soon as I finish watching the new train wreck on HGTV called "Natural Born Sellers" with the fake blondes and crazy bloated mom who acts like a total idiot.

Once i see the property has been pulled from the mls I'll then send a letter to the owners.