Even in the realm of duplexes your options are limited and the good ones go fast.  

Think about the RE prices when you were a kid compared to today. 

The only big mistake we made was trying to self manage this property using a local guy to help with the day to day stuff.

I sent a follow up on the 7th to no response and today received a response as well as a signed renewal agreement that included no rental increase for 12 months.My question is this: Is it still possible to increase the rent now that they have signed a renewal agreement and should I still try to do so?

I look forward to continuing to learn from you all.I currently run sales operations for a fast-growing SaaS company so the funnels and systems are what I build for B2B sales organizations so I appreciate them and look forward to structuring them in my own business.Joe

@Jeff Kelly in talking to Andrew earlier today all the new bank has to see is that there is an existing lien.

Qualify today and enjoy: Introductory rate of 1.90% APR for the first 6 monthsVariable rates as low as 4.00% APR after the introductory periodBorrow up to 95% of your home’s valueInterest-only payments during the draw period (minimum of $10,000)Credit Lines $10,000 - $350,000*Upon expiration of the introductory rate, all balances will accrue interest at the variable APR (Annual Percentage Rate) in effect for your account.

I placed a bid on a house today that has some relatively new laminate flooring.

The deals right now in MI and AA are going to go very fast and likely not to your buyer - you have to be creative to find better deals - ie wholesalers in MI or looking for deals yourself.

The former owner gave me the number of a company who cleaned it in November but they don’t answer any calls (the buyers agent, myself and my assistant all called every hour today) and their voicemail is full.