Will of course ensure that this and other aspects like lawn cutting etc are included as tenant responsibilities in the rental agreement.

I had one of my renters call me and say that they had a water pipe to burst but that they had cut the water off.

We're they all simply absentee owners?

Yet, in the long run you simply have to build your capital.I would be fascinated to hear from experienced flippers and how they move up the food chain in RE.

Those that say go find a property and then a buyer, simply lack business experience, it doesn't matter what you sell, houses, cars, boats, T-shirts or political buttons, you must know your market, what the demand is, what that target market wants before you can consistently move that product.My suggestion is 1. get away from gurus and learn conventional, basic RE. 2.

Many of us can do things that simply can not be duplicated by someone else, there is much more to drawing in investors than the meat of a deal or how you present something.

The son is moving to a new city and my tenant simply asked if she could keep the son's dog for a few months while son was getting settled.If it were a small dog, we were inclined to accommodate her because she is a good tenant and will likely buy the house at some point - she has great credit and just needs to show enough self-employment income this year to qualify (IOW, take fewer business expenses and legal deductions).The picture is from the application.

I may even cut back to 1 or 2 zip codes to further reduce my risk but my fear is that I will pigeon hole myself into a certain area and slow down my progress.

But if you are trying to verify ACTUAL rents being paid, then you have to see bank deposit statements and tax returns - assuming that there are no cash rent payments that are simply pocketed by the landlord and never showing up on the books as income.

@Marvin Spears,You are on a site that will prove far more valuable to you than any guru you can find, anywhere, at any price.The whole guru, coach and the latest fad, information marketer 'scamdustry' just makes my skin crawl.If they were as good as they claimed, they couldn't afford the cut in pay to become a guru or a coach or an information marketer.