I know I need to learn a lot more before pulling the trigger and started reading some books.

Looking forward to spending the next several days really going through the site and picking up all the info I can.Joel- I totally agree with you about being ready to pull the trigger when the right deal comes along and I think I've positioned myself so that I'm ready to do that, however I'm just having some issues finding anything that would cash flow in my local area.

Lower end tenants are less demanding, and the home finishes can focus purely on durability, with few amenities.I know you said self-manage, but many PMs give discounts based on unit volume, so greater units might trigger lower average PM rates.As far as diversification, there is a sweet spot for how many you own, and it's more than 5 (but less than 20).

For two years now I've done nothing but waste countless hours researching local properties, going to see various properties, and wade through this huge stack of prospects only to never pull the trigger.

The 15 days is what triggers a late fee.

I might wait a little longer to buy this next one depending on what the silver market does if it begins to go up fast I will ride out silver bull market before I pull the trigger to sell and move money back into apt building.

I was on the verge of firing him about a dozen times and could never pull the trigger.

Good pointI have all the time in the world to dedicate to putting RE deals together & working hands-on.What burns me is the time it takes to ensure IRS compliance !!!!!

Then, in the past two weeks, I pulled the trigger and bought two single family homes in my area.

While you, being the expert mortgage compliance officer that you are, won't really threaten the US banking system alone, if all Realtors acted in that manner it could impact lenders and the system.Beyond federally insured lenders, again, unless you have facts as to the ability of a licensened broker being unable to perform, it's not only, not your business, it's none of your business.