The building was built in 1911 and when I had the inspection for the original purchase nothing came up about lead paint although it was a general inspection, not a specialized lead paint inspection.After receiving the letter I talked the tenants.

You need to be prepared to consider your partner's money your money and take any losses personally as if they were your own.On the networking side of things is not about what people can do to help you it is what you can do to help other people.

In between the $25K "special allowance" phases out, $1 for every $2 of income over $100K.Also, as you take depreciation (or, even if you don't), the "basis" for the property is reduced by the depreciation.

In fact, many that I have been around have a waiting list.Another option is to seek out a developer in the area that specializes in communites for manufactured homes.

If rent is just covering PITI, you need to be prepared to come out of pocket every time you have an expense or a vacancy.Let me do the math a little more completely for you.

They are hard to find but they exist.Of course use leverage..specially with today's low interest rates.

What I tell them is I need more time to prepare the property.

He called me wondering if I knew anyone specializing in sound investments.I've been learning about real estate investing these last 3 months myself, I consider myself very green, yet I'm not sure what to offer him.

Tough, experienced competition in my area will make it a bit more challenging I'm sure, so preparation and patience is key.

Brandon Turner I've never had to evict a tenant with special needs.