You do need to be ready and able to assess their ability to manage your business and make a change if needed - that's a critical but different skill than being a landlord - and precisely the point where some business experience comes into play.

Alright, I saw mention of the Jazz so I had to respond to this post (by the way, Stockton is the best point guard to ever play the game.)Welcome to this forum, network like crazy (online and offline) and learn everything you can.

If you are interested, please contact me directly to discuss.Valley Agent Criteria:A self starter, but not someone who is ambitious enough to go out on their own… Knowledge of SF Valley and Thousand Oaks/Simi Valley (member of SoCal board) Someone who understands the rental market (acquiring low price properties that demand high rents) Experience with Winforms and MLS Investment property experience Computer savvy Home office with fax, email and a windows operating system, Outlook (not MAC) Someone with an existing book of potential clients Someone who knows the neighborhoods intimately in the SF Valley and Conejo Valley

Many times there are multiple offers coming in on these properties, and you have to be prepared to play ball!

If you plan on buying RE without a job, this lending market will demand a good credit worthiness and ability to pay the debt (a job), so you will need to partner with someone who can get the loan in their name.

Big teams (Bears, Packers, Cowboys, Redskins) have a lot of demand, so in the long term, 5 years +, you are looking at free money here.

Have you given correct assumptions about the houses to demand such a discount?

I would like to avoid the situation where after the property has found a new home, either in the trash or elsewhere, along comes the previous tenants demanding its return, followed by a small claims court summons.

My theory in short (abstract from my blog) is this:With a devalued dollar, China and India needing more energy to address their industrial growth, supply and demand ratio increasing on a daily basis - the amount we pump out of the ground is inversely proportional to the demand in the world, a subsidized price that we were paying in the past in the USA (around 90s and early 2000) and Inflation.

Lakers vs SpursLakers takes it in 6 gamesCeltics vs PistonsCeltics in 7 gamesLakers vs CelticsLakers in 5 games.With the way Celtics are playing on the road, they will lose to the Lakers real fast.