Your lease should have a notices required recital, certified mail, return receipt requested to the address of the tenant, notice effective upon the mailing.

Originally posted by @Joel Owens:"You have to forecast out your time horizon and see if the risk is worth the potential reward down the road".Joel you failed to address the second option I have been looking at for awhile now.

All the info in the article is misleading and it doesn't address the main topic of ''wealth and happiness''.The true wealth consists of several items.

He himself purchased the hotel about four years ago from a previous owner who was renting the rooms out as efficiency apartments and charging a monthly rent.

But you mentioned long-term rental, which means you may need to address flooring before selling in the future anyways.

So if you save and reinvest your cash flow instead of spending it somewhere, your net worth is increased.The book addressed this early in the book I think.

i am starting out bird dogging and have been finding alot of vacant houses and even finding addresses listed for the owners.I've been sending letters out hut have been getting th em returned to medoes anyone have any suggestions on finding the owners after getting a letter returned???

I drove for dollars and I have a list of of addresses.  

I can get to any of the addresses in a half-hour, and that lets me do quick drive-bys when I am nearby.As a new investor, I gain so much from purchasing properties in a market I understand well.

According to MA General Laws, there is a section about submetering water/sewer but it does not address natural gas.