Hope to catch up with you in a few weeks! 

The catch is it's located in a very small town and somewhat depressed area.

There are internal heating and cooling systems, electrical components, hot water heater, plumbing fixtures and a myriad of other issues that are hard to assess for the average home buyer.Realize that you are not going to catch every single flaw or defect on your first run through a home, although there are a few key areas that every home buyer should look at before making a decision.

You could even drop by the unit and catch him moving out.Chicago and Cook county have extra anti landlord - tenant protection laws in place.

The main point is that houses are complicated systems, and only experience and practice will help you catch things.

You can continue trying to catch them smoking weed in the house, and try the eviction process, but I'll just be honest, it'll be a long time before they are out.

You don‘t want to miss too many years without an increase or you‘ll be trying to catch up with inflation.

Property owners I targeted are waiting for a pay day and almost all of the larger multis on MLS/listing sites (There are only about 5) are overpriced and in areas of Worcester still trying to catch up.

However that advise my friend received from a real estate agent saying just buy it for 80k and wait for appreciation to catch up my friend would have paid over 100k in expenses till he starting making a dime from positive cash flow obviously he might want to look at working with an investor friendly realtor who would know the ramifications of buying negatively flowing houses.DISCLAIMER:  Obviously if you can't positively cash flow properties in your market it might be time to look for another market.

Markets are all about supply and demand, we now have oversupplyIts like catching a falling knife.