I tend to agree with @bill G I can never get his name to pop up...Given the market we are in here in FW, I might do a FSBO and use the equity for an investment house or something. 

The ones I have around 7 are mainly duplexes <10 years old have little maintenance, no utilities paid by me and tend to be some of my best performers.I'm closing on some 4 unit buildings this week and I'm paying around 6 grm.

Your higher income tenants will tend to keep up the property.

But if the owner somehow (knowingly or unknowingly) agreed to accept the existing liens, then the $35k HOA lien might stand.From the numbers you gave above, I don't see how it would work as a rental - you're at $768/mo in expenses before any debt service, and looking to rent for around 800...you'd be lucky to break even.As a flip, the good news is condos are very easy to get comps on, since the units tend to be almost identical.

You should stick with traditional closing, especially since you mention in your area people tend to do that.Title insurance is expensive, but it also saves you potential anguish down the road.Unless we are talking about the properties price that are $10k....

As used in this part in connection with housing accommodations, unless a different meaning clearly appears from the context:(c)(2) "Discrimination" does not include either of the following:(B) Where the sharing of living areas in a single dwelling unit is involved, the use of words stating or tending to imply that the housing being advertised is available only to persons of one sex.See also the California Department of Consumer Affairs' explanation: "A person in a single-family dwelling who advertises for a roommate may express a preference on the basis of gender, if living areas (such as the kitchen, living room, or bathroom) will be shared by the roommate."

We tend to negotiate some with developers to try and get a better yield for our clients but at some point the developer says it doesn't make sense and they stop negotiating.Buyers get all these wild ideas with NNN on things they think can be achieved.

It often means less work for the agent as investors tend to help streamline the process (not having to remind the seller for the fourth time to clean up the place before you can take pictures, etc.)

Once they are on the hook for the bill, they tend to not want to waste it.  

That stuff tends to snowball, they brag to their buddies about how much they are making.I'm with the people above, its not the cost of the money, its the availability of the money.