I only do that in areas I know well though so I am forced to be extremely patient, which is fine.PM me regarding specific questions about capital. 

You must always verify what you are being told.Second, in today's environment, you must be a patient investor. 

Be patient and invest safely.

You should be patient and verify the data you compile with the picture on the ground with the story you hear from the people you will work with.Feel free to ask deeper questions on here.

If you are patient, the buy and hold strategy works in good or bad times.

I do have a duplex in Ladson and on the books it is an excellent performing property, it exceeds the 1% rule, and I paid 129K for it (I've only had it a year and a half so time will tell) but I had to be patient and then move fast.

All they wanted was $3000 down and I could go out and find a house and I could really get this joy and satisfaction of REI kicked into high gear.

If I wanted to wire $1m out of the country, my head would explode with anger if some government dipsh** tried to stop it until I could show him, to his personal satisfaction, where my money came from.  

Hi @Prem Schoff as was previously said, duplexes will be difficult to find in Morristown, but you have to patient in your searching.

If old T pays through end of lease, it is NOT a broken lease, so no broken lease fee.Texas also has a law that states you can have only a single satisfaction; no double recovery.