That's a very simple answer to a very complex and individualized question though and many people who applied this simple answer to all they did found themselves in situations where their mortgages were too high, their property had more loans on it than it was worth and that money they had "just pocketed" disappeared a lot faster than they imagined it would.

Im not sure if this was already posted (couldnt find it in a search)....Im about to buy a live answering service and neede some help writing my script.

(he answers)Okay...just taking a few notes...what about xxxx?

Mike does his own PM, repairs, etc. etc. which creates a situation in that if he is not there, there is no one to answer the phone call about the exploded water heater at 2am.

You are at the right place for the answer to your question!

You might want to ask your question in the Real Estate Agent forum, and see if they answer.

ThanksShort answer.

. :) clear as mud is right... as a REI one thing you really have to learn is the answer to almost every REI question....

So to answer your question of how large do you need your list to be?

Also ask any questions you want and we'll try to answer.