Maybe even the security deposit is not enough.Worst is when you have a tenant who doesn't pay, AND have dog damage.For me, there just isn't a reliable way to determine if you're dealing with a responsible dog owner who has a well trained obedient clean dog with no dog body odor.

Two zone heat and air, great commuter location, near Metuchen Train Station and whole food shopping center, lot of restaurants surrounding.

Where can I go to find solid Short Sale Training? 

@Michael L. the reason I replied to your thread is that you and I do think alike; in the past I had created a list of "intangibles" that I would score two or more properties on, as a tie breaker of which to offer on first.My list, in no particular order is: market time, age of big ticket items i.e. roof & windows & hvac, neighborhood, schools, view, curb appeal, potential, floorplan, owner's benefits (size of master suite, common areas), and "gut feeling".I never actually used the list.

That said, I did attend their free class and bought a ticket to their three day workshop this weekend.

Here's my reply:I have a degree in business; 45 years business experience; 10 years of training and study in real estate investment, including attempts at wholesaling.

However a big positives to landlording in Japan is that your property is not likely to be destroyed by the tenant or vandalized during a vacancy.I wish I could attend the BP meetups, but 2 hours away on a weeknight makes it rather tough, especially because if I stay to the end, the  trains  stop running before I can make it home.

I'm treating kind of like a bridge loan :-) FYI, some fairly standard training that call center loan originators are given:Don't "pre-underwrite" the file.

Short walk to train with service to NYC.

Purchase price: $625,000 Cash invested: $85,000Duplex in high-end neighborhood along the train line into NYC. 35 minute commute to Grand Central on the morning trains.1920 house.