I would suggest keeping a hard copy of your lease, even if you scan it in electronically, just in case you ever need to produce it in court (you have to think worse case scenario).

Off the cuff people will say stuff likeNew York: Money/Wall streetBoise: PotatoesDetroit: Crime/BlightCleveland: Rock and roll hall of fame?

While it has a low capacity, I've yet to meet anybody who continues to cause issues after it's produced.

I know Chesapeake is drilling a well about 5 miles up the road from the property, if that well produces 15 million cubic feet per day or more, they should start buying leases in the area again.

The other question is , where do you find a $1000 producing SFR with these characteristics in other states?

Sometimes it will require a MAJOR demolition, other times you may just need to remove the sheet rock so an inspector can make sure the work is up to code.

Simpler, and more likely to produce a good outcome to say "I'd like a listing price for the property that would bring a contract under 90 days."

It's through this job that I began getting background knowledge about real estate.For the past several months I have been reading many finance books to learn about different ways to invest and produce cash flow.

I have been investing in the Pflugerville/Round Rock and East of the airport.

I use my membership to help me manage a non profit tax exempt "Community Housing Development Organization" of income producing property owners.