What did smart me do , I rehab and rented it in a sellers market.

Work smart.

and just be smart...do some decent screening of tenants, cya with your contracts, etc.i've had some great landlords over the years.

There are lots and lots of smart people with lots of ideas who are doing lots of interesting things that will appear on store shelves and web sites in the days to come.

So wanted to give an update- We listed the day before the hurricane the friday- Not so smart if I should say so myself.

Be smart and pull permits too, it goes along way on the resale side

Personally, I'd like to have a nicer complex and increase rents by $100... but will that be financially smart?

They're very smart, and learn fast.

I am looking for replies from anyone who is buying in those areas in the hopes that they can explain why they are and also from anyone who purchased in the past in those areas to see how they made out.Unlike many people who are buying in those areas, I flew to Ohio, Detroit and the Pittsburgh area on different occasions and did my due diligence, Then I hid my money and credit cards in my sock and drove my rental car as fast as the law would allow back to the airport.Maybe, I missed something, maybe I am not as smart as I think I am, so as of today, wholesalers have been selling property in those areas for about 5 years and I am hoping to hear from people who either did buy to find out how they are doing or people who are thinking about buying to find out why on earth they are even considering it.

2 Good companies for collecting payments are Cozy and Smart Move they also do tenant screening.