He shows you excellent ways to feel out if a market is hot or cold..

You'll be hard pressed to find lenders willing to loan on properties that are under $50K each. 

I find 70% of my GOOD deals through  a combination of Cold Calling and Direct Mail. 

Against my advice, my friend is doing a "press to test" on withholding rent due to a broken air conditioner for the whole summer.

(unless you direct market and find someone who truly needs to sell for cash quickly) No matter what you are looking for you will be hard pressed to find something for 50k that isn't in a war zone.

Generally sun belt states are out performing cold belt states for job and population growth.There are some pockets of Ohio that are nice.

Cold inside a house will kill flea adults but not eggs.

I believe FNMA guidelines disqualify the #1 and #2 just seems hard to come by with the number financed properties I have and in this state.I can cold call banks but I figured I'd try here first.

And the owner attempting to replace the kitchen counter top.We want to stain the wood floors (living and dining room and stairs), add crown molding, replace flooring (kitchen and family room), and redo the master bathroom to start (approx $14K quoted from the contractor).We're now getting cold feet.

Axel - Direct mail, cold calling and networking with good multi family commercial brokers have always yielded good results for us.