Basically has a decently high tenant turnover.  

Basically they are just telling you "what you see, is what you get" and after you close they don't want to have anything to do with it.Clean title is not a concern with an REO (if it is one - the listing will state REO/foreclosure on MLS).

I started looking for properties in Coral Springs, Lighthouse, Boca, basically looking for B neighborhoods not to far from work, using FHA. 

Basically the property setup is that of a tirplex. 

Just nice to grasp the basic idea and understand a seemingly complicated subject and process.

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.

Some of the concepts roll over to multi family as wellSome costs during operating period including but not limited-Initial Phase-Leasing commission one time for 1st month( if using broker) (depend on broker fee structure)Property mgt fees (depend on broker fee structure)Landscape costsRekeying your house or change locksCleaning property Vacancy Any repairs During occupancy-TaxesInsurance Property mgt fees (not included if you're managing)RepairsRental permit (depends on city)Feel free to ask any questions -Kevin

We basically tell them if you refer us an off market lead we will throw them the 3-6% commission back as the referral payout. 

I have read the Real Estate Investment Basics book from BP and have also read Rich Dad, Poor Dad.

one property that i closed today is in the historic district of Charleston so everything is basically 1.5 to 10 million.. and the neighbors are in your grill constantly. and at one of the arch meetings they said exactly that they wanted input into who we sold to.. you just grin and bear it and keep your head up..