Once again, the closet is of importance to the ladies so I will look to paint that bright white, upgrade the lighting and install a closet organizing system to maximize the space that is available.

I run an ad in the local paper the says; "XX neighborhood, X bedrooms, X baths, owner will finance with $2500 down payment".

(I know you didn't ask but thought it might be helpful anyway.)TTYLJim Watkinswww.dfwmentor.comThe sales in the neighborhood were between $130-$140 so I was basing that on the most conservative of $130,000.

Secretary Cuomo said, "By making it more attractive for teachers to live and work in school districts where they're needed most, we can build better futures for children and neighborhoods in need.

But, it was in a neighborhood of rough places with a smattering of nice houses.

The neighborhood will probably support about $115-$120K once I do some landscaping, paint and etc.

Tuesday - Spend day networking with realtors, bankers, credit unions, mortgage companies and all others you come into contact with (spend about 2 to 3 hours)Wednesday - Go through newspaper for homes for rent, FSBO, Homes For Sale, Legal paper listings and searching neighborhoods and drive by.

I wanted to let you all know about another great article we just added to our archives: Organizing your Real Estate Files.

Reprinted with permissionWhen choosing an area where to buy a rental property, there are several things to consider including, distance from your home, supply of potential tenants, average rents you can collect and the ability of tenants in that area to pay you.I would choose property where people want to live, close to shops, parks and decent schools, and in a well-kept neighborhood.

But when questioned about the basics; neighborhood comps, ARV, FMV, key points of Deed Of Trust, difference between a Special and General Warranty Deed, etc, etc, they didn't have a clue.