So far, it looks like a winner, even though there is a fair amount of work to be done.

Pay a little to make the issue go away or find a lease loophole.I really don't want tenant to stay - but I want to be fair.

You're definitely going to be around a bunch of REI junkies here :) What do you like about the Phoenix market?

Brandon,Thank you for the advice ill definitely do some research, there a couple flips going on in the area and I'm sure I can find the owners fairly easily.

I'm 26 and I'm a fairly new investor myself, however, I started out by doing exactly what you are talking about doing.

But I'm not a lawyer, though I have spent a fair amount of time discussion these questions with a lawyer.

I also use the CrimeReports app - I like the way it gives me fairly detailed information on the location and type of crime committed.

I've just been in too many situations where I've sent them bunch of letters to sellers that fail to clear up an obstacle they may have put up in their mind as to why they cant' or won't sell the property (i.e. they think they have to pay off the delinquent taxes first and don't have the money).

It's up to whatever all of the parties agree is fair.

You do 6-7 of these, and you've got a fairly healthy monthly income.