It's nice to know that you can go down most any street, see a guy putting out a for sale sign and be able to profit from it regardless of what the situation might be.

I once had a handyman who was real street wise, an ex-con from way back.

Unfortunately, it is quite accessible from the street so there isn't much that can be done to protect it.

Make sure you have a great sign at the property and the main street close by.

The L/P may constitute a sale and lock the property.In most cases these are not the best approach to take, especially for a term of more than two years.The popularity of these is anchored in several matters with issues.

There is a small church right across the street.

Off-street Parking-- in Minnesota the streets and parking get pretty brutal once the snow piles up.

If I do owner occupy, it doesn't change my investment numbers, as I would just consider myself paying the market rent.Triplex (C neighborhood, off a main street) - List price $315,000Current tenants are on month-to-month leases but have been there for 1+ years.REVENUEUnit 1 Rent - $1175 - section 8 pays $1000 - month-to-month lease since Apr 2010Unit 2 Rent - $1200 - section 8 pays $660 - month-to-month lease since Jun 2012Unit 3 Rent - $1100 - month-to-month lease since Oct 2012All 3 units are exactly the same & all include a parking space, so I'm not sure why different rents are being paid.

My property is actually 1 avenue over and between 78th and 77th Streets, so 4 to 5 blocks down.

You can go ask the neighbors on that street about the property and do they know how to contact the owner.