No matter what happens, you must hold your past successes in your imagination, ready for showing in the motion picture screen of your mind.

Detroit taxes are about $3,000/yr on a brick bungalo and that really hurts the investors cash flow for renting on top of an extremely High rental inventory to boot.The sunday paper is full of rental homes, apts, flats along with properties for sale, so finding tenants is as hard as finding buyers.Also there has been so much new construction (condo's etc.) that what I'm seeing is a large supply with little demand.

Also, whoever you use for tenant screening can likely post to the eviction databases as well.My main recommendations would be to let a professional do the debt collection (don't do it yourself), and have a debt collector pursue a tenant in conjunction with whatever eviction or court judgments you seek.

I usually use a site called ServiceMagic.com to screen new contractors.

Some of these guys just go take a class then get a paper saying they can do this job (I think this is how it goes). just like anything I would screen them.

In addition, the income: what lease terms are reasonable, lease type (triple net or gross), tenant screening.

I work in JAX airport and for as small as it is we have 2....starbucks in thereone befoer security and one right after, i guess they figured since you would have to get rid of your coffee before you go through screening, you could just buy another on the other side :roll:

I want to focus on wholesaling houses, but I am having trouble getting the information I need when talking to sellers. Does anyone have a list of questions they ask that gets the seller to give the information as well...

OK, here's the last questions for today atleast....So, back a year or 2 ago, flipping almost was a slam dunk i assume due to a risking market...Now the market is flat to declining....How are people faring with flipping now?

I MUST get 3 plans ( options ) together for my investor with-in the next two days.My investor was thinking of making the back building a flat, and renting out..