At DOW 27,000 reducing equity exposure isn't the dumbest thing one can do in my mind. 

Maybe there previous landlord charged them for excessive damage.

I believe most of the economic activity and business environment in NC is more sustainable than Houston, given Houston's general exposure to oil and petrochemical prices.I'm looking for IRRs in the mid-high teens.

As Leah said, I use Zillow as well is free and gives you multiple sites and exposure it also has a new feature were you can use their website to send them an application and they will pay for it online and you will be able to review all attached paperwork and credit report.

The unfortunate thing here is that investment properties foreclose at a higher rate than primary homes so many banks just don't want the exposure to this.

Any excess of the deduction that creates a loss can be carried into the next year(s) to offset profit/income until used.

Originally went for my license to gain some experience and exposure to the industry, I did a few deals but it was always for the purpose of investing. 

Always protect yourself, you may have some exposure.

There is at least 3 niches where the primary marketing is best off the mls, and at least a half dozen scenarios where maximum exposure is not in the sellers interest.This policy was largely directed at my specific location the mls, and a poll in our board found 76% of members are against the policy.

The unfortunate thing here is that investment properties foreclose at a higher rate than primary homes so many banks just don't want the exposure to this.