It is possible this varies by the market, but in Milwaukee it is pretty clear that a large number of renters use craigslist to find an apartment.The keys to a good craigslist ad are using pictures along with a good,succinct description.

Disadvantage, it will be my first home that I OWN..The meat - 3 family - 2462 SF - Purchase price $300,000 (in discussion w/owner)Unit 1- 3bdrm plus art gallery - $1400/MoUnit 2 - 2bd - $1100/MoUnit 3 - 1bd - $900/MoTotal (conservative rents) = $3400/MoProperty is recently vacant, in decent shape (out-dated) nothing major needed ASAP, I would look to do minor cosmetic upgrades to be a "higher standard" rental unit at competitive market rate.2nd Property - Single Family 3,000 SF 5 bdrms - 2 kitchens (possible multi conversion) - Purchase Price $280,000 (in discussion w/owner)Quiet Dead end street in nice neighborhood, large backyard w/greenhouse-ARV - $425-$450,000Assessed $440,000..Initial walk through property needs new roof, and may have mold issue.

It is logical to me that the chances increase appreciably if you're using a note through a private party or so non-canned lender who farms the loan out to a large servicing company.

A comprehensive umbrella policy is cheap.On casualty coverage, 12 units isn't a statistically large enough pool to safely self-insure.

So here I am….I'm not always comfortable talking in front of a large audience, but I'll do my best!

I have seen lots and lots of BPO's and I just do not believe them to be sufficiently accurate when large amounts of repairs (sometimes just moderate) need to be made to the property.

In addition, the county is VERY large, and what you'll see in the south/east portions of the county (Rockville and areas near DC) is going to be a good bit different than what you'll see in the north/west parts of the county (Gaithersburg and areas closer to Frederick).Btw, I lived in MC for a long time back in the 90s (Gaithersburg/Germantown) and love the area for buy and hold real estate, but I'm not convinced that the market is going to appreciate above national trends over the next several years.

We see the biggest downside on the property is the fairly large amount of cash it would eat up...would need about $60k down.

Scaled drawings should be involved.”Customize an accent pieceThe best places to customize are the most frequently used and visible parts of your home—the bathroom and the kitchen being chief among those.

The problem is that when the herd of speculative buyers turn into mass sellers - there will not be a large enough pool of qualified buyers to absorb the inventory which will lead to a sharp reversion in prices.