Im in the middle of buying my 3rd rental property on long island.  

@Russell Brazil  I agree with Russ totally depends on what kind of real estate.. keep in mind that when you ask this on BP 90% of those on this site will gravitate to the only real estate is rental either sfr or small plexs or MF.. there are many many other types of real estate .take for instance in my mind one of the safest and most passive is investing in land in the path of progress.. pay cash and hold it.. nothing to it.. over time if you buy right or you buy a timber tract with middle age marketable timber species like Doug Fir or white pine  west  East  … these are very solid long term safe investments that you just make and sit and wait.some of the biggest money made in real estate though is land in the path of progress.. this keeps you immune from the ups and downs and risks of tenants.. 

Do you know of anyone doing flips on the Big Island?

Hi to everyone in the Biggger Pockets forums.  My name is David from Baldwin, NY.  Although I've been listening to the Bigger Pockets podcasts as well as The Money show podcast for a few months, it took me a while and...

It is a mess and you are partly to blame because you are ignoring all these red flags.Write her a notice that says the home is uninhabitable due to the water leaks and you are terminating her rental agreement, period.

I went to my local realty shop and the kind woman in there showed me the values for houses in my town of Staten Island in NY.

I just search my applicants on the county court website, but that’s only local to our island..

Tenant still insists she wants to rent the place and Aaron is afraid she will sue him if he terminates the contract.I advised him to have the home deemed uninhabitable, tell the tenant to remove her stuff, and refund the deposit and any unused portion of rent.

Usually people will accent their granite with a butcher block island or something.  

You should either fix it as quick as possible or notify the tenants that the home is uninhabitable and force them to move.Your second mistake is keeping crap tenants.