They meet at the College of Dupage the third sunday of each month.

Andy Andy1 - At the $1600 monthly rent level, you do not need the 2% rule in order to get real positive cash flow.

It has some federal backing so may be called this nationally, but we deal only with the county level government.Ours is a 'cabin' on a 10 acre wooded lot.

On a general basis on the retail level, what does a seller pay for at closing?

During the last two years, I have been watching (studying) the market and I would really like to pick up a few foreclosures to hold for five years or so (college money).

Just the high level stuff that was important to the tenant screening process.

I have been suckered into them before and it is no fun paying those back when you dont even use them and when their programs continue to upsell you to the next level program so you can get more information.Check your PM...

What is your experience level?

Agency rules and regulations are set at the state level.

At a high level you can buy and hold or you can do things that result in short term positions (including refurbishment).There are many subtle variations and ways to make money with property.