They will make a good return and you are making an infinite return (unless you count time as money).

The deepest pocket in the room always gets sued; on this, you can count.

I can see you will not be a one-hitter quitter as you already have 15 posts and counting so I will skip the text about the importance of sticking around and engaging.

If the answer is no they can go elsewhere.Back when buyers could fog a mirror mortgage companies referred to bad buyers as "cash for trash".Meaning for a certain rate and fees they would loan to them.I would figure in eviction costs,lost holding times with no rent,and retenanting fees with new carpet and paint to come up with a figure for a deposit.Upon default the deposit becomes non-refundable and shall not apply or count to unmade rent payments.If they have no money either then kick them to the curb.If you can't get action for your rental then it is not nice enough for the area for the rent you are trying to charge or your rent is too high.It would be better to reduce your rent 50 a month and have more calls to choose a better tenant.For example for 600 less rent a year you keep a tenant instead of having a tenant at a higher rent and then you spend way more than 600 evicting and retenanting.

The finishing touches are what count, and I certainly wont run out of money.

But it doesn't sound like that vote is going to count for very much.

I come back a little later and the thread is gone and my post count is now 710.First question is, is there a place on BP where we can go to see what threads have been deleted?

It looks like you are counting on a payment of $250 and the lot rent is $350 or a total payment for your buyers of $600 a month plus insurance and utilities.

To answer, 3 are currently rented, (my best deal came with an awesome renter and only cost 10,000, a little over 13 if you count back taxes, lawyer fees and a judgement) :-) 1 is a flip that we are almost done with and 1 is a commercial building that I am rehabing to rent but I might have a buyer so if they want to buy, I will sell.

Originally posted by Financexaminer:(except for the admitted mistake about the guy giving a valuation assessment); Does this count Vikram?