Around here in 2008-9, anyone wanting to sell or rent high-end was ravaged much worse than those closer to the median.Given the proximity to the continuously expanding Federal feed trough, NOVA should be safer than other areas.

You get better break even occupancy.Example with 2 units if one goes dark and you are living in the other then you are feeding the mortgage with no help.With a 4 unit if one goes dark you still have 2 tenants assisting with the mortgage note with rents coming in.So 2 units 1 goes dark 50% occupancy, 3 unit 1 goes dark 66% occupancy, 4 unit 1 goes dark 75% occupancy.Not the only factor to consider but a good one.  

Looking forward to hearing some feed back! 

I mean you want to be honest about this situation as a wholesaler just simply say that you do this as a means to feed my family or get paid as well.

I've noticed that when most investors run models in Excel they feed in constant values for appreciation, inflation, etc. but in reality these factors vary from year to year (or even month to month).

Regardless, nothing excuses theft except maybe to feed a starving child. 

Saw the facebook feed where he mentioned it was down for some time but now its all good.

Any feed back would be great!

I currently use either FindMotivatedSellersFast or Cameron Dunlap's Vacant House Data Feed for leads.

(give them deposit slips)Have the tenants email you with issues (not phone calls)Let the tenants know that your are the owner, you expect them to take care of their unit (inside and outside), to report any problems immediately by emailLet the tenants know that you appreciate their feed back and their rent payment on timeGive them something for Christmas, a turkey, gift certificate, cash.Ask the manager for a report of all maintenance performed and the cost for that foor the past 6 monthsIf you don't want to manage the units, interview other management companiesAdvertise "Wanted part time real estate manager, to inspect properties, collect rent and report on maintenance issues.