The only hurdle is finding the ability to utilize leverage.

Our landlord pays a portion of the utilities, we've viewed the bills and the usage has been cut in half since we've moved in.

Once the salts in the urine get established on the wood, even the enzyme doesn't help.

The area can support rents (in a comparable property) of 850-1000$/mo + utils.

What are the negatives concerning using an already established line of credit to generate a down payment for a buy and hold rental?

HAS ANYONE UTILIZED A LETTER OF CREDIT TO PURCHASE REALESTATE?

In your opinion, or any experienced investor's opinion, is bird dogging for more established investors a good way to break into the business?

My name is Katrise, I am a real estate investor currently in the Baltimore MD area, I focus on Short Sales, Wholesaling and other profitable facets of real estate, I also help other like minded investors get educated on the many different ways so utilize this "bad market" in order to make them the most profit.

I have had a tremendous wholesaling business utilizing the Detroit market the past 6 months.

I would say we need to make a difference through the establishment & institutions.