DO A CRIMINAL BACKGROUND CHECK CHECK REFERENCES EMPLOYMENT VERIFICATIONBEFORE YOU RENT NOT AFTER!

If mortgage money stays really cheap, the inventory of rentals goes up, and the access to mortgage money is scarce I guess a lot would depend on employment and how households form.

I plan on doing credit and background checks, along with verifying references and employment and making a visit to where they are living currently and see how they are taking care of the place.

No one can afford to buy, ARMS killed EVERYONE as realtors drove prices WELL ABOVE their economic employment base.

Maybe talk to the same neighbor to find out where they moved to or know where they may be employed or any relatives.

I did not have any significant real estate experience before studying the Carleton Sheets Course, but I do have significant experience being self-employed and have a track record of success.

I have asked my employer to give me an extra 8 hour/week at work which will help tremendously IF it's approved.

You also get 'better' clients than with some of the cheap local papers, because it's mostly employed people that pick it up.

Scott Scheel mentions that for bigger properties it is tough to get a good deal in markets that are already showing good indications of future growth (either already in the process of growing, or showing the "obvious" increases in population/job growth) He says the best deals are frequently found in weak or even declining markets where you have much better leverage with sellers.This is a risky proposition because real estate trends seem to last quite a while, but if timed correctly an investor can do much better than average by getting in early before the rest of the herd does.Do you guys have any ideas of how to anticipate a potential turnaround area before the census data refects it (IMO this data is a beacon to RE investors) I have a couple ideas I think may be worth looking into:-Projected inflow of large, new employer-New transportation artery-Unaccounted change (in census data) of demographics (undesirables moving out, nicer crowd moving in)-Perhaps a well structured conversation with someone at the economic planning department to find out how close to fruition some upcoming changes are taking place.

(Which means no landlord will take them, or they wouldn't bother with such an elaborate lie.)I don't really know which because they didn't apply so I didn't check employment or credit.Any way, heads up, guys.