If you have a free and clear house, you may be a better target for lawsuits vs. someone who is overextended.

Try using the create topic link and then setting the target forum to be the intro forum; I believe it should just work fine for you.

When they pass through the metros they are targeting a much larger audience and are therefore able to pull more people in with the idea that wholesaling is get rich quick scheme.

I implemented late fees, and he pays it, not a big deal.So come renewal time, he said he really doesn't use the house, and he wants to find a 2/1 apartment instead of a 3/2.

Would love to hear more about lessons learned as you implemented this new technique.

Basically I have a rental that is 2700 sq feet with pool and landscaping and right now is using $50/mo for water and sewer (higher in the summer) so I budget $50 for any rental smaller than this with less water usage just to make sure I am not undershooting the value.Same for Electricity and same for gas: Call and ask or ask the owner/tenant what the average bill is.Repairs- I budget 5-10% of purchase price, but only as personal preference, you will figure out what you need as you go along.Vacancy-this is more than most would do, but I collected demographic data on all zip codes in Tucson so I knew the vacancies, employment sectors, house hold size, schools etc of my target areas.

Port is a great retirement lake community with a good mix of first time buyers and downsizers that work for our target properties.

In RI there is 60 day notice you must give to the elderly and disabled of an increase but the lease comes with the building so the date it expires is when you can target the increase.

I know there have been the new regulations implemented this year, but is it a general rule that you (as an investor) need to have 30% down?

I'm thinking like this: First the Micro: How are MY target areas performing in terms of economic indicators?