Then, if you get a lot of interest, you know that is pretty close to fair market rent.

A tub drain assembly is $15-20 and hoses are $5-10 x 2.Consider this a valuable lesson to meet contractors at the property and get multiple estimates to ensure you are getting a fair price.

REOs (bank owned properties) often have a fairly quick timeline, often 10 calendar days.

He takes 5% every year from the rental and is looking after all communications with the tenants from finding to renting out, to paying regular visits to look after the property, and to act on my behalf in disputes.

But until then, I'll use any information that is volunteered to me to ensure that both sides get a good deal.Seems fair to me.

I want to close with as much profit as possible while still being fair.

If you can't win fairly, or even have a doubt, then cheat, obstruct and deny.

There are a number of options, search around on Biggerpockets and see what interests you.For the money, hard loans or mortgages might interest me, fairly passive investments.

There are some fairly complex reasons for this, but in short, if space rents are too high, it drives the price of homes way down OR extends the payments out too far...

I will say that it’s fairly safe once you go 30 minutes east of the city.