Well I’m glad you finally have come out of the shadows and are no longer lurking..

I tend to lean toward building systems that allow me to leverage time, and can reproduce a consistent result.

Am I legally able to take a conditional nonrefundable deposit from a section 8 tenant to prevent her from renting some place else other then mine during/after her end part of section 8 paperwork processing stage (provided she will get the final approval by section 8 that is; she told me she has been a section 8 tenant for years and she’s just being transfer from one city to another; she verbally agreed that she‘ll rent my place)?

I've already found a great deal of useful info on this page and hope that it results in continual learning and networking opportunities.Thanks.

We have no other debt.My thought process is to pay off the rental property with the smallest mortgage as fast as possible with our extra cash flow, then use that rental income to pay off the next smallest mortgage of another rental prop, and finally when that property is paid off we want to use all the rental income to pay off our personal residence quicker so we can retire without this giant mortgage payment.

Then I went to work at the clearing house in accounting, compliance, and finally trading platform technologies.

And finally, the last option considered by lenders before foreclosing is a short sale.Understand that making use of any of these alternatives requires strict qualifying by the lender.

And finally, any time you are in your neighborhood you should have a stack of business cards handy.When you farm, you're just in the field looking for leads.

Failure to provide the proper disclosures, or if the disclosures are in the wrong font, will result in jail time.

I discovered that, although the strategy was basically sound and works well for many, it was really not a good "fit"for me, and have since refined my long-term goals and with it, my "roadmap" to get there.Like you, I`m new to this, like you, I don`t have much money to invest, and(as a result) like you, I`m looking out-of-state, where the price of admission is much lower.