I have already reached out to zoning and have a local land use attorney helping do some leg work on

There are so many from Cali and Canada and NY who talk about trying/wanting to build rental portfolios in Chicago because they read cap rates are great on the south side.Here is a Chicagoan wanting to go to Michigan for the same reason.I don't know what/who is telling all these people that the grass is greener somewhere else or that being an out of town landlord is easy, but.....it isn't.

I would really like to land my first deal with literally $0!

I am looking at purchasing a Land Bank Home in Grand Rapids MI.

If payment is not made by grace period, say the 5th, landlord files on the 6th.

I will reach out, would love to hear about your experiences as a landlord in Richmond.

Good afternoon BP friends,I'm looking at setting up an SDIRA for the specific purpose of buying a single property - an undeveloped lot - and I'm trying to determine if it makes any sense to use an LLC and/or have "checkbook" control for this particular SDIRA.My initial thought is that since this SDIRA would be to buy a single piece of undeveloped land and then hold that property as an investment for the next several years, that the additional complexity and expense of an LLC and checkbook control would be unnecessary.

I'm interested in buying commercial property out of state and I have a list of landlords I would like to contact.  

They're called "tired landlords" meaning that they're tired of vacancies, tired of evictions, and tired of deadbeats messing up their properties.Don't forget to call the FSBOs too.

I would bet every landlord here feels the same.In the same logic, a lender would never consider any previous interest received as payoff of principle.