Furthermore, even after the president was told of the lead paint hazards and violations and cited by the New York City Department of Health with an Order to Abate the hazardous conditions, he still failed to maintain the apartment in a safe condition and allowed the peeling and chipping paint conditions to continue, resulting in a second Order to Abate from the New York City Department of Health 4 years later for additional lead paint violations.Does this sound like somebody maintaining their entity in a reasonable and responsible manner?

The reason for the cheaper cost is that I will be doing the majority of the rehab myself.

I would imagine a lot of those will be in the service/loan departments.

They are good resources and can help any investor understand the major points of the law.

We find the "member helping member" attitude to be a major reason for us being successful.Mark

Does tenant pay for it all including hvac and capx or are those two items + anything else "major", the landlords responsibility?

Personally, I would invest a majority of it in inversely correlated ETF's with a brokers that allows your to borrow at a low rate against your stock.

While you have a bidding war to lose, you also could potentially lose a good bit of upside if the market drops between now and Spring.If gambling and trying to time the market is something you want to try, I recommend you hold off until next winter after the election, hope that there is a major change in which parties are elected, and then take advantage of the influx of new politicians and their staffs to DC (who will be looking for places to live).Of course, I believe that's a bad decision as well.

Spinning my wheels, networking with as many investors as possible, searching for the real deals, just basically putting in work and realizing it doesn't happen over night...For all the major players, the true investors: if you would please,enlighten me and all the newbies out there, what your typical day or week is spent doing...

I'm referring to a property that doesn't require major renovations but you get for a great price.