thank you so much. do you know of any good websites for landlords (security check, evictions, leans,loans) ?

I will of course give this the usual hard nosed landlord application review, but given a choice of suing my current tenant in small claims for lost rent due to lease breaking, or going with this prospect I would lean to the prospect if he is serious.

I enjoy reading your posts.Great idea on the recording because I've certainly had those conversations that were conveniently 'forgotten'.On another note.......Today I have received my first approval of lending from a Private Lender for my next project.

I am leaning for garage as there is plenty of bedrooms and baths for the area's demographics.

I would be leaning more towards buying and renting trailers.

The property could rent for $1,350 a month but I'm leaning more towards selling it with owner financing.

To quote the conclusion:"Direct Capitalization is convenient, but then so is the microwave.

Yes, I think we are definitely leaning towards hiring property managers.

I'm leaning towards the latter but I would love some advice on the subject. please keep in mind I do not know what I do not know.

Hi Jasmine,When I first started out, this is what I did to learn about the area:1) Talk to real estate agents to learn about the values2) Talk to neighbors of the subject property that I was interested in3) Talk to corner grocery/convenience store about the neighborhood4) Drive through the area during daylight AND after dark on weekdays and weekends5) Talk to someone at the local police department about the particular street I was investing in6) I would ask the person I spoke with at the local police department that if they had money available, would they invest in the property7) Talk to the local building department to see if there are any issues with other building on the street8) Talk to other local investors about investing in the are9) What are some of the fundamentals that make the area a good long term investmentI am sure there are more, but these are the things that I can think of.Good luck!!