The hierarchy from "most transactions per year" to least transactions per year is: escrow (lawyer if you're in a lawyer state), appraiser, lender, real estate agent.

The tenant would pay $75 lets say per month to not have to have a deposit, your betting on that they will stay more than 12 months.

A property does not usually hit the email blast phase until it's been picked over by others in your areas, so most of the time it will not be a deal....But if you get in the habit of looking at all of them and analyzing a few per day, it's a great exercise to sharpen your skill AND get to know the area.

Just my two cents as someone who has rented for the past 11 years.

Hi Matt,Here's my two cents:1) Yes, there is no question that you should thoroughly inspect and document the condition of all the homes.

I agree that 20 years is a long time to be locked into an agreement but the savings aren’t necessarily small, upwards of $50k for just an average resi system (in some areas depending on net metering, price per kWh, etc.) and much more than $50k for bigger systems.

We went to small claims court today and the Judge didn't seem to care about the June 6th date on the addendum or the other lease violations that needed fixed per the addendum. 

You generally are buying with clear title and title insurance, as per the auction terms.

You need to find investors who have executed these strategies.In the case of rehab, we look to spend about 3k per door in a C property, and want to achieve at least $100 per month rent bump.  

I’ve heard of people who only buy 20%+ CAP rates in Allegheny county, but that can go down to just a couple percent, eg: shady side.