The walls were kind of torn up and all the pipes were exposed in the basement due to water leak = ceiling fall down.Didnt think much of it, there was nothing in there (so i thought), until the next day i came back and ALL THE COPPER PIPES WERE RIPPED OUT.it was kind of a bad/turning better neighborhood, and i guess you can get some crack for selling all that copper...

I'd get premium rent for it.If the tenants are moving out, either the landlord is not screening well, or, much more likely, there is a miserable neighbor that no one can get along with (probably the woman you talked to, she's sounds like she's good and crazy).I rented an 800 year old house in England that ws haunted, and I was all full of hope that I would actually see a ghost, but I was there for 3 years and nothing happened, other than some creaking with the wind.

The final 1% are the deadbeats that we evict each month.Your friend is getting the tenants he has because he isn't screening them.

Will a judge hold it against you if you push the edges vs. follow the law exactly.All the more reason to really screen well so you avoid the career tenants who are looking for landlords to scam.

You might as well rent to a crack dealer or rapist.

Hope to get my first deal behind me so I can get cracking on the next but I have to say it kind of feels funny buying another builders product.

Here's a couple of examples I quickly thought of:Loggia - screen porch or sometimes known as four seasons roomGallery - seen to describe a foyer or stairwayArts & Crafts Room - a storage room in the basement with no windowsJust thought it might be fun to see some of the names you have run accross or used in your dealings.

This is a good screening tool to get you in the right ballpark.For the deal that you discussed, you would need to get the property for about $30,000 to make this a good deal.

You crack me up man...

Just click on the tabs on the bottom of the screen to see the data for the indicated city.A bubble is clearly present in the Miami data and that market should still have a ways to fall.