And when NOTHING will work it's necessary to make sure that you kept some decent sized pieces of carpet left over from the installation.

If you are serious I would write a check when you agree on terms and either have a simple buy sale agreement ready with fill in the blank price, or pull out a tablet of paper and put the terms down and sign it.

You purchase a home for 100k and that investment will yield a return of 13k per year13% Cash on cash return.Scenario # 2 Finance PurchaseYou split your 100k investment into 5 down payments of 20k a piece and you purchase 5 homes.

You can have automatic renewals of a contract but you can have issues if they are not well thought out and drafted properly.AR contracts mat renew for like terms if notice to terminate is not given, if either party misses that date either party could have regrets.Your contract may have an escalation rent clause, fine, but what happens if some city ordinance or some common practice in your area changes, perhaps from some law suit, you can't modify you lease if it automatically renewed.Any lease that can be automatically renewed beyond 3 years can trigger the due on sale clause of your mortgage too.Automatic renewals may be viewed as a tenant having a first right of refusal by some judge, if any change is required it can be adopted and a tenant barks or they agree they may be viewed as first in line since they live there.Some states cover the issue as well, so I'd suggest doing a new lease each year, for the cost of 6 or 8 pieces of paper it can make like easier. :)

This is a great piece of advice.

The degree is a worthless piece of paper (even though most end up paying tens of thousands for it).

The biggest piece to the puzzle when you are in accumulation mode is recycling your capital.  

I can't believe I missed it since I've invested in the rust belt years ago.I understand that you're looking at price, but let me tell you from experience that price is one small piece of the picture.

What are reasonable rates at which a seller is willing to carry a piece of the note when selling an apartment to you?

This is probably a remedial question, but a topic I have never seen discussed before. What are you using for the return addresses on direct mail? I would assume a P.O. Box would be the most logical "return address" to...