When you go to eviction court take your neighbors with you as eye witness.Joe Gore

Keep an eye on it, but also keep on looking for other properties to buy and be making offers on other properties too.

It will open your eyes to many other sources of revenue besides rent.

Welcome Jordan,The bird's eye view of the licensing process is 120 hours new agent ourse, test and bonding.  

Keep an eye on that.Educate yourself on what buyers in your area want and build accordingly.Don't be "penny wise but pound foolish."

Thanks for the resources, Elizabeth Colegrove - I'll be keeping an eye on your website in the future!

And you get the benefit of having over 80 past ones to catch up on.Two Great reads, I bought both J.

@Steve Babiak Good catch. 

Since the home has been sitting for 4 months now, let's say I throw in an offer of $78,000, they counter with $85,000, we meet at $82,000.With an eye toward's Scott's section on holding costs, I've put in a (what I think is) conservative estimate of 25k in holding costs - this is based on me paying half the closing costs when buying and all of them when selling (very normal from what I've seen lately), holding the home for 6 months, insurance, taxes, mortgage, utilities, 6% sales commission, etc etc.

(ARV * 70%) - Repair Costs = MAOThanks for the catch guys.