I responded to them in writing that they had three choices, one, continue wiht the process, two, pay me a settlement, or three get sued by me.

Everything we've read says that values here are going to continue to drop about 18% more through 09'.

I love doing that and will continue to do it, but I've been interested in real estate investing for many many years and have done lots of reading but was never in a position to actually do it (or at least I thought)... everything else took precedence.

I was just reading an article Cigar Afficianado where Sheldon Adelson (#3 or 4 Billionaire in the US) is building a Las Vegas style strip and I'm 99.9% sure it was in Singapore.

That, amoungst many other things, is why I invest there and will continue to do so.I also agree that pegging an exact figure on repairs or vacancy for a given year is near impossible.

As this is my first investment purchase and it would be an out of state investment I would have a property manager continue to run, I would REALLY appreciate any feedback or input!!!!

This is not cost effective as I'll have to hire an attorney.c) let her break the lease, pay me a little $ to get her walk away, change the locks and get a new renter in there.d) let things continue as is not really knowing if this punk is tearing my place up.The choice is lease resistance (i.e., the least financially) seems to be choice B.Any thoughts?

They don't lose that training easy and most are great successful employees because they continue that training into their professional life.

I hope that we continue to see you around these parts!

My thought was to buy a 3 bdr house for 24-30k in a mediocre area.....clean it up and rent it out then possibly continue until i have reached my goal (15-20 properties). please help with any advice but try to stay on topic thx.