I remember the feeling that overcame me when REI first crossed my mind and I came across BP.

.#2 is less common, but in markets like we have today in many parts of the country, there is a lot of competition for good houses, and many people realize that making offers at list price or below means a bidding war that they may or may not win -- so they offer over list price to separate themselves from the competition.

Cross check those 15 ways to Sunday.

My tenants have a year lease that expires in July but just told me that they are moving out today...ugh.I am currently out of the country for a few weeks and those were the only 5 pictures I had on my computer.

I don't know if you can do that with an investment property, but it's crossed my mind.Assume higher than normal repair expenses.

In some part of the country, yes, you could buy even a fourplex and some parts, it's not even enough to buy single family home.

Okay, well, I guess we'll just cross that bridge when we get there.

Depending on the part of the country this should be in a range of 8-12.

Most people in other parts of the country don't understand this.

You can often find distressed properties in the country for less than $10,000.