A 4 month vacancy, an eviction, a lawsuit, or a large repair like air conditioning or roofing can eat into your cash flow and make you business a total waste of time in terms of making money, which is why we go into business.

Here are my two cents, some banks are recognizing the benefit of having a good process for dealing with short sales.However, I am noticing that real estate agents and sellers are wasting a ton of time trying to get a bank to agree to a short sale with no written offer.

Going around with a realtor, looking on the web....is a major waste of time.

Or is this a waste of time?

Now we are going to have to sue them for all the money we wasted on inspections and lawyer etc.

She referred me to some very solid people (she was good at picking people), and her pictures showed me things like: rooms that were sized as to be hard to fit normal furniture in (very bad in a rental).

I guess my hang up is tied to the fact that when purchasing a property the buyer and the lender wants to see a solid history of rents of 3 years or more.

If you have solid financials and good credit, you can get 70 LTV refis by going to small banks in the area that do portfolio lending.

solid!!

Also, sometimes questions don't get answered on here...I'm ok with spending money on education as long as I know they are legitimate and solid courses/tools.