Nothing beats being face to face.

Many families, including my own, have gone for decades barely scraping by on what we can, many years taking losses because of poor growth and low prices.

You can barely make out what the room is, much less what it actually looks like.

We need to get lower rates to encourage more borrowing, to try to save some of the RE markets, etc.However, the lower the rate the more we face inflationary pressures and with the escalating taxes and energy costs.I wouldn't want Bernanke's job right now, that is for sure.

Okay, so when a person facing foreclosure gets bailed out by an investor who works a short sale, are the sellers free and clear?

I plan on heading over there today to meet with them face to face to introduce myself and provide my contact information and hopefully answer any of their questions.

About 2 months of bare minimum to cover you expenses if all of your income stopped coming in for some reason would be a good amount.Once you get an investment property, you'll need to have 3-6,000 as a cash reserve for the "unexpected."

Those are easy though as I tell them "John, my furnace guy, will be calling you shortly to work out a time with you that he can come and look at it".Everything else seems pretty random, barely happening and generally not worth paying a PM every month even while working full time.

If the relative is inspecting the property regularly to assure compliance to lease provisions, then I would support a fee of 3% at most.Triple net leases, in general are thought to be relatively safe investments; however, I've inspected NNN buildings after the tenant has moved out and the owners faced high five figure costs to repair damages done by "good tenants."

I didn't think of this blowing up in my face.