@Chuck Catchings - I will PM you, thanks!

Desktop evaluation is a huge advantage with today's technology and it can save you a lot of wasted gas, but you never really know if you have a deal until somebody puts eyes on that property and the neighborhood.

The bigger banks will want a track record of successful rental income on the property before they will let you use it as collateral; the perfect catch 22 for someone looking to get started.

And you get the benefit of having 40 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

@Corey Davis I think the answer to your question is a two parter.Part one: Just sit down and run the numbers on your area house, and run the numbers on one of these cash houses, and compare and see what cash on cash you like better.part two: other than the return value, whether or not 20k in a higher home with higher rent is worth more than 20k in a cash home, its kind of a "beauty is in the eye of the beholder" type situation.

This violation seems to hover under fraud matters, if fraud can not be shown then this one will probably catch a violator.

I also had my eye on houses that were pretty much plug and play as far as maintenance and in regard to the class of the renter I could attract.

I'm going to have my handyman live in one of my units to keep an eye on everything, to avoid things like this.

This can sometimes cause simple, frustrating issues with doors not closing properly or changes in the size of wall openings.As this settlement becomes a greater issue, you will begin to see micro-cracking in structural walls until they become visible by the naked eye.

And you get the benefit of having 50 past ones to catch up on.Two Great reads, I bought both J.