Or can you basically write into the lease agreements that the owners will not be there to babysit the property and that all repairs and maintenance must be done by the tenant immediately/as required?

Finally she picks up some of her stuff and basically abandons her property.

It's available at libraries and bookstores.Her website gives a lot of basic but solid information and she's doesn't link to every other rei guru out there.Hope you find this tip helpful.

Also, Im not an accountant… but if they got a $50,000 dollar 1099, it sounds like to me they would owe close to $20k in taxes to the IRS… So… by saving money is how they get money.There are exceptions and many variables, but these are the basics...

Basically, what did it take for you to get started?

You should worry about these things too, and want to make sure it's worth your time...I think we were saying the same thing basically… Seth said he already felt there was 70% equity, but I questioned why he felt that way...What I was saying was basically what you said...

one thing i am seeing ALOT of around here is that agents are doing some kind of refund if you buy through them. see if there are any desperate agents that are doing this and use them to look after you. they are doing NO work finding the house, hardly submitting an offer and basically just saying "yep that kosher...heres the papers...this means "xyz"....surely some agents need business in MO. with their refunds you'll essentially be getting a lower commission AND getting someone to look after you.

I am, however, still fairly unclear on few steps in the basic sequence/process of purchasing a property.Generally speaking:-Find the prop.

I think basically what you need to do is just go all out and put your creative mind to work, thanks for the great topic Micheal!

I recently attended a seminar where they basically give you free lunch while they peddle their wares.