The loan is secured by a 32-unit apartment facility that consists of 8 buildings.

All areas aren't the best, but if you pick the right area and price below competition, you will get consistent reliable buyers.

If you do it consistently, it's a pretty big part of your life, no reason to shut yourself off.

Also having a consistent description of the property by address is alot more helpful then the legal description.

The owner said the lease ran out and the tenant is just paying month to month but she is consistent with it.

Keep it consistent.

The key Mike, is that your entity consists of you and your wife only and it must provide you with a payroll from which it can deduct your contributions.

To think that the little guy can beat the market consistently over time seems extremely unlikely.It seems pointless to me to talk about "what if" you'd invested in Google, WM, Apple, Fed Ex, Microsoft, whatever.

Rent raises under this policy should occasion neither a mass revolt nor a mass exodus of your tenants because they should come to understand that your rent raises are fair and, therefore, acceptable.This policy should involve six elements - careful preparation, proper timing, extended lead time, reasonable increments, amicable notices, and personal contact.Careful preparation for rent raises consists of much more than merely preparing the notices to change terms of tenancy.

also are u consistantly getting deals in these states each month?