I'd recommend the following ideas:1) If you can't find great deals right now, stockpile as much cash as you can and keep it ready for when the market turns a little south (this is the second longest bull market we have ever had for the stock market, so it will go down and pull housing with it a little).2) Try different approaches.

It was the “90 Day Challenge” episode titled: “How to Buy Your First (or Next) Rental Property by the End of the Year.”For example in the sections regarding checking a property out they talked about due diligence items like calling utility companies to check for outstanding debts or checking the property for liens.I plan on working closely off of this episode but I figured I should check the forums first to see if anyone has seen an existing checklist like this anywhere that I could build upon?

Hi all,Was hoping to get perspectives / hear stories on how others approached the possibility of selling RE assets and using the proceeds to paydown debt on other properties.Here is what I see as potential +’s and -‘s:+ increase cash flow by removing mortgages (so more passive income)+ opportunity to sell underperforming assets- less assets under management (so less potential equity appreciation)- taxable gains (will not redeploy into RE as my sense is we are near the top of the market)- 30 year fixed mortgages in place at low 4-handle rates (based on simple bond math, the value of my liability is shrinking on a relative basis as rates rise)Other facts relevant to my situation:* RE is but just one asset in my portfolio (and I’m fine with that); cash flow and appreciation are great, but I’m looking at the asset class as more of a long term hedge against inflation * not looking to leave my day job and / or replace W-2 income entirely with passive income * don’t need the cash flows from RE; again, I see the asset as a levered inflation-hedging play

If you're willing to share here, or privately more of your approach, I would really like to learn more as you seem to have a wonderful approach.

We work in Los Angeles, so trying to find a deal in a hot market has been challenging.

I run into this about once a month with clients.This is usually how it goes,I tell the client it will cost $20k for the property if it was updated, but $30k-$35k with those panels.Buyer goes back to the seller and states they need to renegotiate.Seller doesn't believe and says "talk to my insurance company as they are charging less than that"Buyer calls sellers insurance agent and the agent states "yeah, this is a grandfathered policy and we if have to issue a new policy for a new owner, it will be about $35k"Seller then either cancels deal or negotiates down.As @Matt Popilek states, if the seller has multiple options, it will be more challenging to get them to adjust down.Good luck with it.

Either way, placing debt on a property will kill your cash flow...just a few thoughts.It's all relative and your personal investing approach should be a heavy factor here.

She can at least tell you how to approach this situation to see if there is a workable solution. 

Hi Wes, I was approached by an Investor who wanted to get into the game by learning Subject To.

The best approach is to factor that reality into your lease (rental agreement) from the start.