This site mentions this downside.The second option, paying the penalty, makes it extremely hard to recover the costs, especially in a very challenging market like we have here.The reality is if you are truly "investing" then you have money.

It is  extremely common for hobby landlords to rationalise charging below market rents.

Both have turned out to be extremely profitable and I think you would be wise to try and make it happen if the numbers make sense.

The person who I work with in NY for insurance is extremely knowledgeable and has very competitive rates.

She later told me that she was leaving because she had so many extremely qualified buyers that were denied loans for no apparent reason.

It's been extremely helpful with my own investing.Thanks again!

., showing me a $250 water bill that he said NEEDS to be taken care of by the tenant.......I'm extremely frustrated, upset and feel under appreciated - having gone so far to get the tenant to reply back and even NEGOTIATE PAYING some feb rent.....The deal offered was already more than the owner was expecting and he wanted me to go back and ask for the water bill too.....In my opinion it's risking losing a good offer, to go through eviction over just $250..... 

Thank you for the congratulations.James, Thank you very much im extremely excited and ready for my journey to begin!

Well, we don't really need an Economics101 lecture about why the more extreme examples, LA and NY, are much more expensive than most of the rest of the country, right?

That piece of information is extremely important when analyzing a deal, so you better have more than just a hunch.Best wishes.