Feel free to PM what hundred block and street the property is on and I can give you more feedback.As already said $5000 houses and houses without roofs are all over the city.

We also request cash for application fees and for making good on a NSF check.In our rental agreement, we instruct tenants to mail their rent by personal check or money order to our post office box, which is three blocks from our credit union.

Most owners block off time for themselves which doesn't show up any differently than a booked stay.I've looked at some areas for a vacation rental and the lowest vacancy assumption I was using was 25%.

Assessed value are usually done in one of two ways, from past sales that are recorded and the state/county/whatever imposes an inflation rate and/or the are done on a block survey method, using the sq. ft. and values of the area and making adjustments.For investment purposes, when buying you can argue the assessed value as a negotiation point making the seller come up with a defense to the asking price, but, assessed values do not reflect current market values which is what an investor needs to be looking at, the assessed value has no bearing on market values.

@Justin WilliamsAfter being here for years and having been around the block a few times, you develop skills to see right through rhetoric, questions being evaded, fluff and puffing.

Most of the tenants who rented the apartments he handled were couples who worked in downtown Chicago and used the "L" (we were several blocks from the "L") and some never bothered to move their cars (or even own one) the entire time they lived there.

If you will be living in half and this is your first house, you would be eligible for the first time home buyer treatment with CMHC which translates into a 5% down payment.If you are in the right area ... 3-5 blocks of the university, student rentals can be a very lucrative.  

If you insist on FSBO, then you have to do a "friends and family" marketing strategy; this approach puts a marketing piece on all residences for a radius of several blocks, trying to appeal to somebody with a friend or family member that is looking to live nearby.The second approach is to locate a flat fee listing agent, list on MLS giving the buyer's agent the full 3% commission (saving you 2% or 3% minus flat listing fee).  

I think I heard it best from @Ben Leybovich in podcast 61 when he talked about the difference in stumbling blocks and stepping stones.

Work Items Complete this week Plumbing rough complete To Complete next week Install steel Termite treatment Pour foundation Blocking Issues None Videohttps://www.youtube.com/watch?