Brian...thanks..... if you buy a note and get a deed transfer it works easily once the banker or lender agrees...might take a few arm twisting but they do not want non performing notes at the bank.Pretty easy really...and gets a owner off the sherrif sale hook and the bank is finished with a deal going bad fast.

You can have ten houses and one bad renter who doesn't pay and maybe 4 that are always late....end of dream...nightmare stuff.  

hey guys thanks for taking the time out of your day. so I have some options here I want your opinion about me and my sweetheart are saving bucket loads, she is living with family and I live in a bad area. now once we get married and live together I do not want to expose her to this horrid area it is very very very dangerous for a pretty women.

Income wise, 2017 was 6 figures after all expenses. 2018 isn't bad so far but I'm pissed about 2 deals that I almost had which were about 60k profit combined, in one month.

Quick question, I am looking at a rental in NH (where I grew up and my family and friends are) but I’ve had a few people tell me that you cannot evict tenants in the winter time and if you get bad tenants you have to bite the bullet until spring.... seems like bull but since a few different people have told me I’m now curious.

I for one think it would be a mistake to buy a 10K property without the capital to cover your *** when things go bad.

Very easy to pull a bad comparables if your Realtor doesn’t know what he’s or she doing.  

Not in the sense of bad properties or anything, just in the sense of too many rentals in the area and the gov't might try and step in to stop it.

There are bad boy carve outs that can cause the loan to go recourse.

If I have a bad appraisal, I just pull that property out and put it in another portfolio for a different bank.