After all, I enjoy getting checks monthly - but it would nice to cash in a fat check once in while too.Question 2 - Networking is key to finding good deals - MLS can have some good deals periodically - but the best deals are going to come from a distressed situation that you find out about through word of mouth - and that means staying in front of your network and growing it so that you are exposed to new situations and opportunities.

Really have enjoyed reading many of the posts and found some great information.  

A landlord has every right within the landlord tenant laws of that jurisdiction to look over their asset and check for issues with the unit.There is quite enjoyment for a tenant.

I am also an active Realtor with a team of agents and enjoy helping other investors find deals and ultimately position them for resale.  

Did the tenant give you 30-days notice that they were vacating? 

If they ask the questions "would you rent to them again" do you wait until after the tenant has vacated to answer that question?

It has been something we have really enjoyed all as a side business.  

I'm Travis and currently reside in Muskego, WI, I came upon this site while researching real estate opportunities with low start-up costs.For the past 24 hours I have been completely wrapped up in reading through the abundant amount of information throughout this site and realized that this is a forum where I would like to become a more active member.I am completely new to real estate, outside of purchasing my current home I have no true experience within the industry but the more I learn the more I enjoy it thus far.Truly wholesaling has been the most appealing concept to me, which not only comes to play due to the low funding required but it has been the most interesting topic of research for me.I look forward to being an active member of this community and learning from the many experts who are willing to share their expertise.

I've often wondered if there would be a viable vacation rental market in Temecula wine country or Lake Elsinor, or if they are not mainstream enough yet.

I'd try to get it for 145K and have them pay 3K CC, but I saw what they paid- so you may be stuck where you are at because they can't bring money to the table.I would add granite, backsplash and laminate to living room where carpet it...do it right away so you can enjoy it.