I'll create one and make sure the steel wool that I inserted around the sink pipes for the water supply is still in place (to hamper mice from coming into the house).Hope this helps.

:wink: but you are probably right, better to act as the investors buying agent, pick up 3% on A-B and 3% as selling agent on B-C

I also try to have the best place in it's price band when I decide on the rent amountThis past 2 years it has taken longer to find a decent tenant.

if you don't and your going to own this stuff over decades each of those plans will come into play at some point.. real estate is not a linear line straight up.I was on a Con call last week putting a large financing deal together on a 500 home project. half the call was about plan B and C if the original sales channel dried up.. 

If a project goes south, I still have several projects or investments carrying the portfolio.Multiple exit strategies: Tell me your plan A, B, and C on how we recover from adjustments in the market or individual project.

Pink - My wife works with me, and we are sometimes both at construction sites, so I just got her pink steel toe boots, a pink hard hat, a pink safety vest, and even a pink tool belt.

Historically it is a mining town (the Climax molybdenum (steel hardener) mine is still active there and is still the biggest employer, although they just announced they're reducing operations by 50%).

Just skip over the D class and invest in the more expensive (but more profitable) B and C class areas and you will be fine. 

He’s using (I’m assuming) it to draw the line between nicer properties (A and B)and not so nice properties (C and D class).The A and B class properties will sell much easier to a primary homeowner years down the road if/when you want to sell.

On the rare occasion where a tenant can't pay, I treat them with dignity and respect, give them 3 days without late penalties, and and even offer to pay for their storage unit for a month while they transition (approx $50, vs $1000s in lost rent, court fees and damages if you have to go through eviction); 95% of the time they've just had bad luck and appreciate the treatment.More importantly, their neighbors see that I'm not just a stereotypical 1980's movie landlord out to ruin the lives of single moms and their adorable band of misfit children, and believe it or not, this really does affect their decision to move on when I do my annual rent raises.