You must settle this in your mind :This is business and there is no room for emotions in business .

Hello all,I would love to reach out to local landlords or property managers in the Taunton area and grab a drink or two and talk about some things.

.- With these subjects in mind (tenant screening/advertising), how much should I set aside in annual cost?

This place is an amazing resource for learning, and networking with like-minded people.

On the bankruptcy side, keep in mind that many people facing foreclosure file bankruptcy under the mistaken belief that it will stop the foreclosure, and in many of those cases the foreclosure is the only reason they have filed.

So you can change the down easily enough if you find they actually put more down.This doesn't tell the whole story but it generally answers your question.What is left out is that when going to selling, the owner ends up spending about 8% of the value of a home on real estate agent fees, & other closing costs.So, selling a home at $120,000 costs the seller about 8% or $9,600Keep in mind that 3 different appraisers will give 3 different values and they could be 15% higher or lower than the other guy.

Would you mind a quick phone call where I can ask you a couple questions?

I also am considering running gas to the property and just doing it right, and adding two separate boilers, but that seems very expensive.However I have another friend who said on smaller apartments his tenants dont mind electric baseboard.

How can a young, eager minded individual like myself get into these market deals when my capital is less than 100k?

But keep that cost in your mind when doing the math.