Depends on the documents you sign.

I am a serious investor and very determined and eager to get my first deal completed, but just need the guidance to make sure I am headed in the right direction.

Yes, determining demand would be the first step in any business venture.

I was a week away from closing on a great place in Decatur city limits near downtown, but I couldn't get the HOA lady to communicate with us before we purchased, which was a bad sign and I walked.

Depends on the specific auction as well as the contract you sign once you win the bid - the terms vary based on the bank, the state you're in, the property, etc.

These are 30,000 ft. data points only used to determine markets that we would want to explore deeper.As you can see from the chart, Memphis has net positive job growth for the past 12 months and is projected to see 37% job growth in the next 10 years. 

Hello BP,

So me and my wife have been looking for our first investment. We've entertain the thought, of buying a duplex. The problem is there really isn't any true comps to go by. Reason being none of the duplexes in...

How does one look at a market and decide that it fits the 1% (or more) rule to determine which market has some of the highest ROI? 

only allow to re-sign lease or move out?

If they can go to a car lot and walk in and sign their name and take that car over, it's going to move much quicker than it would selling your car in the front yard and them having to go find the money on their own.