To justify that they offer various incentives and guarantees operating on the law of averages that they won't have to honour those guarantees too often.To ensure that tenant selection is critical.Other companies like @Chris Clothier spend big money doing top class rehabs on their inventory and so they have a huge vested interest in ensuring tenants are not going to damage pristine homes so again tenant selection is critical.As Curt pointed out earlier, specifically in Memphis, a high percentage of the city has criminal and economic damage so you have to be realistic about what a good tenant is.We have a lot of homes in Memphis and it took us 3 PM's to finally get a good one.

Both are crime and economically challenged. 

It's what the property can sell for under the definition of market value, no where in the legal definition is there any reference to offers made, you might have fifty offers, if none can perform and close, it is NOT a sale and therefore it is NOT the market value.Unless we are going toing to rewrite definitions and the concept of value, being proven in the market, we can not use perceived values or what people think an asset is worth.This goes to the basis of economic considerations given, some benefit given for an assets in exchange for that consideration,.

I lost the majority of them during the economic crash. 

 :)    Can you (is it economically sensible to)  rent out your current Canadian home when you go to Spain, or are you going to sell it? 

Does anyone have a recommendation as to who is experienced, trustworthy, and economical for this type of job? 

But prior to my time in SFSU, I learned that real estate has economic swings that are largely more than a 14 year history.  

The bug bit us so now 3 years later we have 5 houses.Our goal is early retirement in 15 years so we can do what we want with no economic stressors!

Our goal is early retirement in 15 years so we can do what we want with no economic stressors!

I've recently been attending meetings with a local foreclosure group called Vestus, and I feel like I'm no more than a few weeks away from making my first bids at an auction with them.I have been reading books and am refining my model for assessing the economics of a deal before buying.