The risk will be the tenant longevity, currently 1 year lease, and their care of the home.Additionally the market locally has risen 18% since my purchase, or on paper about a $36000 appreciation.

Let a professional handle the details, collect your rent, pay the mortgage and sell when prices come back.

Young professionals come to these areas and in 5 years you have a different picture.

Get a written opinion of the rental value from a qualified real estate professional.2.

(I have had very prominent professionals, such as doctors and lawyers, default).

Not much new in it, but it's laid out well and her style is of doing business is very professional.

True story: A friend of mine called me 2 days ago about a "professional matter".

A rehab and sale can take well in excess of 4 to 6 months.Lastly, lawyers and professional organizations can be expensive and eat well into your capital.

I like the community because all members are very serious and most of the members are very professional in real estate field.I am always trying to serve much better to the society and their satisfaction and appreciation is my first goal and or the first preference.Thanking to you all to get a chance to introduce myself.Sam

You can't claim these losses if you make over $150k and you're not a "real estate" professional.