Best wishes and I hope things work out for you all.Andy

If you explore the conference site, you can find the session synopsis for each session as well.I hope that helps.

Intemidating your tenants might not work out for you.

You are in the Philadelphia area, so I suggest you start by checking out DIG at http://digonline.org/ - membership is around $150 (they gave a spin the wheel offer at the main meeting that can give you a nice discount off of that but you then must sign up at that meeting), and every year they offer paid training (usually four sessions) for roughly $80 per session (member price); so less than $500 for training specific to the local area.

However, I'm sure with older apartment buildings the price of these might work out to an adavantage.

If there is water damage that might be serious, they can ask for other inspections and for repairs to be made, repairs are, at that point up to you and the seller to work out.I'd suggest you try to look to your lender as your knight in shinning armor, they protect you from getting in over your head, if the property has serious defects, you might look at something else...but if you're a rehabber, work out the repairs needed.

Brian Burke makes a good pointThey may have wanted to use it to keep the kids close to home and that didnt work out

In the sessions that I've attended so far, it's amazing to meet the wealth of talented investors.As others have mentioned, your age should not be an issue.

So IF net is $21,600 at 16 cap price would work out to $135,000.00I personally have experienced the problems of old, apartment complexes in low income areas; I much prefer the easier returns of private lending or even the lower cash flow/higher appreciation of properties in A areas, so I would need a 20 cap to be interested.

I am trying to work out a couple scenarios for him to just be done with it minimizing loss and stopping continued loss from his IRA.