Over the years I can't count the number of deals that I put together from my rejects.My father in law was a long time life insurance salesman and one day he opened up a desk drawer and it was filled with letter size paper with handwritten notes regarding suspects/prospects that he had run into, he would check with the top sheet when he had down time and if nothing new put it on the bottom of the pile with any new notes.His sales manager said to throw them out and forget them but his list of clients had a star next to some names and he told me they were former dead leads or referrals from former dead leads and I saw a lot of stars.

Again, we have a lot of properties that we are interested in, but obviously because we are new we don't have the cash in the bank to go and pay for a property outright, so we will have to count on loans.

It will keep me going another few months. 2.) he is my best friend and his wife is my wife's best friend (i know this isn't the best reason, but hey - it counts for something)3.)

Until someone can explain to me why a new person with 1 or 2 posts has an influence count of over 70 and someone like MikeOH has more than 1300 posts, yet his influence count is lower than the amount of his posts makes no sense at all.Same goes for Jon.

OTOH, with 10 houses you can pretty much count on a multi-thousand dollar bill for something each and every year.If you want to get conventional financing, you should expect to put 20% down.

Count on it.That being said, I always take a set of pictures to go along with every move out, move in, and I like to let the tenant star in one or more of the photos so they know pictures have been taken and they are on them.

It's most likely priced according to the bathroom count....want to negotiate the price down - get a home inspection and hammer them on the deficency repairs.

The lender may count the rental income from the first property.

Two things here.First, I'm still baffled by the number of users who will write in the forums that they agree with a post, and yet when you see the vote count for the post in question, it is zero.

The lender may or may not let you count the rent as income.