The next town over did this revitalization back in 2001 and had a HUGE impact on RE prices (above what everyone saw with the bubble)Now normally these negative cashflows screams...SELL, SELL, SELL......But these properties are both on the east coast and in areas where appreciation is expected in the next 2-5 years.

Speaking of carefully screening tenants....I'm screening tenants right now for my first rental house.

Late or missed payments can create negative effects on your credit profile as do long-term balances on your account.

Unlike downtown Saigon where a good number of locals speak English (and I always took that for granted), Thu Duc was different.

Once or twice they transferred the money to my account on or about closing day and I paid by certified funds check written against my account.This does not negate your proposed strategy.

Mailing to the attorney is not a requirement at all in my opinion.Once "Letters testamentary" are issued then the bank accounts and assets will be "unfrozen" so to speak.

Than Merrill of Flip This House will be speaking at my local real estate club in July.

Negative am was pretty standard.

You may want to speak to local banks where you are located.

It's easier, quicker and MORE WORTHWHILE to just study this forum every day (including the archives).OTOH a basic "real estate contracts" course through your local community college would be a good starting point.BTW, I've never taken any courses so I can't speak to the quality/validity of them, but most people that buy the courses never complete them, at least that's what I've concluded from the vast numbers of them gathering dust in closets and under beds.all cash