I'm 41 and wife is 40.We started in real estate in 2011.Now we have 10 units.For those who think only low income 9-5ers should be doing this,Know that I'm a physician and my wife is an RN.We have a decent W2 household income.But physician hours are long and life is worse than a 9-5.We plan to retire by 50 and just travel the world.

Watch "Hotel Impossible" on the Travel Channel to get an idea of the issues you will face.Like apartments, the idea is to find a property that has been mismanaged and has deferred maintenance that is charging below market rates with low occupancies in a fairly decent area with good market drivers.

Does anyone have a generic move-out letter that basically explains the move out procedure to mom and pop tenants.I have a commercial property in which the tenant wishes to remove some installed fixtures.Some of it is ...

A group of medical doctors and I bought a medical building last year under an LLC. 

If you go medical it needs to be fairly new and up to date to get new tenants.I grew up in Dallas Texas and still live in Dallas County. 

When you're traveling to work, store, etc. take a different route ever day, take down addresses of houses that "look like they should be for sale", check out the county website, see where the mailing address is, send a letter to the owner.

Diana, I'm no lawyer, but I worked with medical claims for years, and dealt with Work Comp and Personal Injury, but that was in Illinois.

In fact, I’m refurbishing the first vacant unit now with the carpenter who travels from Frederick, MD.

This means that a potential tenant with a Section 8 voucher could be considered a protected class - period.2) A potential tenant who requires you to complete/submit paperwork about your property, remove your property from the market for 2-4 weeks while an inspection is scheduled, take the time to travel to your property to meet with the Sec. 8 inspector, followed by additional time spent waiting around while he/she conducts their inspection, all without any from of compensation... is not a protected class - period.In my listings, I state that my properties are "not set up to work with the Housing Voucher program".

Learn and you may have learned allready to beware of the Internet and all of those people trying to make emotional sales.I have been ion BP for about 20 months while medically recovering.