Paid fee and now manage it myself. 1-5 properties is pretty easy to manage.

It certainly makes things clear and easy to understand and a little easier to enforce but it is not a requirement to create a binding contract.

Nowadays, it is not easy to get a good deal, at least by myself.

I've never found Trulia, Zillow, or Craigslist to be easy or effective.Price is a function of the area/neighborhood your working in.

The local gas utility should be able to identify how close the nearest gas line is, and how much it would cost to connect to it.How expensive it will be to run ductwork depends on the number of stories/floors/levels in the house, and how easy it would be to get the ductwork into place.

Don't get caught up in the engineering side of a deal.Make your offer.Get an acceptance.Tell escrow the terms and your buyer's name.Let them figure it all out and mail you a check when the dust settles.Cash your check and keep looking for more deals.It REALLY is that easy.

Identify the top REO brokers in your market (easy to do on homepath.com or hudhomestore.com, or just google reo brokers or reo agents for your market).

I was lucky enough where my first deal was easy breezy, but once you get through it your will have super powers.

By 10 multifamiy properties, it should be very easy to cashflow the new ones.To be on the hook for 30 notes is a place that doesn't look appealing.

Sometimes they are easy to get released and sometimes not.My title and escrow companies don't charge me for title reports on cancelled escrows (but they would if I made a habit of canceling), so there would be no damages.