Only offer buildout for extremely qualified (look at financials) tenants on a long term lease and build it into the rate.

Went through every possible scenario: dyslexic meter reader (easy to check, just look at the meter and see if it's close to but past the most recent read), leak in main to house (see below), leak in a fixture within house (see below), or just freak usage (good luck).Here's how to test for a leak in the main:  Shut off water main inside the house.  

Hey all, I'm fairly new to real estate investing, however, I'm extremely serious about it and have got my plan of attack down.

How is your market looking? I have been active in my market for 5 years and this is the lowest I have seen it, not much out there for sale at all. Unless a wave of sellers list this spring, prices will be going up.

8.4% seems extremely high.

Once you receive a call from a motivated seller make sure their expectations aren't extremely high.

Buyers are allowed and should ask to see every detail of previous years numbers, Tax returns, leases, expenses etc, etc,.When a seller is not forthcoming with support for every financial claim they should expect buyers to put in extremely low offers.

Light usage of property. minimum wear/tear...B is professional with stable employment, savings in the bank, call you a couple (but no more than that) of times with minor repairC is someone living paycheck to paycheck, any interruption in job or a car broken down, he does not have money to pay rent....

You (or him) need to spend 2-3 days there, hire a new management company, a 2 year vacancy is extremely odd, I would think your Dad is very embarrassed about this, try to dissipate that as much as you can... act now, get new management, evict the bad payers, new new tenants, stabilize, and THEN think about selling.

(Im extremely new to PPC marketing)