Hey Larry, I am not sure there is a quick fix for this- but 1 piece of advice would be to concentrate on the HELOC first.

Ann Watkins the Internet attracts a lot of wannabes, and it's an easy place for some people to play out their RE investing fantasies, so as a service provider beware :) At first you sounded like a troll, but I gotta admit it was kinda funny too ;) Wonder how many feathers you will ruffle, but OTOH I understand your frustrations too.

Look to the state requirements for eviction and abandoned of property and collections.Stay with local custom over anything you read on the internet, other than law, as any issue you may have will be under that jurisdiction. :)

There is a lot of Internet hype but know one will know how it will work until the rules are put forth.Joe Gore

Utilities are yet to be determined, but i'd estimate around 200 a month for those altogether (cable, internet, trash, electricity, water, gas).I just want to make sure i'm not being taken advantage of.

The big thing here that I would be careful about is concentrating too much in any one sector.

I realize you can research statistics for different areas to try and find ones that are more investment friendly than others but even doing this in so many pockets within such a large city seems like an overwhelming task.Would love to hear some of the strategies that you guys in large markets use to narrow down and pinpoint specific areas to concentrate your efforts on.Thanks

If you ever use any valuation system off the internet I suggest you validate and confirm the data, most are not that reliable, IMO. :)

Wording can be obtained from locations on the internet, and have the copies notarized.at·tor·neylawyer: a qualified lawyer, especially one who represents clients in court proceedingssomebody given legal power: somebody legally empowered by a document power of attorney to make decisions and act on behalf of somebody else

Thanh,I suggest you talk with a lawyer, who is experience in the Dodd-Frank law not someone on the Internet that might know and might not.Joe Gore