We had to rent for a while, ourselves, with our 75-lb lab and found that this market is sorely needed and tenants will stay longer if they have less choice in moving.

Your choice if you want to use that as part of your criteria.

Its just not very popular here in Michigan.

You can look back 2 or 3 years as the popularity of an area usually won't drastically change but will over long periods. :)

I do own a townhouse as my primary residence and my wife and I are looking to purchase rental townhomes in popular neighborhoods near us.The issue I face is, my appiate for risk is pretty high and I want 1% rule, 50% rule properties.

You have two choices in order to pay down that debt.

Hi @Alexander Felice welcome to BP.I believe only wholersaling is a mistake for REIs,you should be in the"I will buy or lease your house fast business", or"I will solve your home problem business"solving problems and offering a couple of choices to the home seller, like all cash, or owner financing, or lease option then assign, is a good business plan.See my BP blog for some sales ideas.http://www.biggerpockets.com/blogs/3-reiskills-and-brian-gibbonsAnd welcome to BP!

Its all they have down here so a moajority of us floridians have no choice.

At NAS Kingsville, the most popular houses and rentals were "right" outside the base.

Have you said in your messages to this other landlord that if he doesn't reply you'll have no choice but to bring it to court?