Annual lease is the way to go.

Just wondering can you ever catch a great deal on the market  and if so what’s stopping you from taking advantage?

The next RE play is going to be building ammo stores on the interstate and state lines between CA and NV and Oregon and WA and ID..

Any MF of the quality and size (50 up) I would have been interested in would have been cash flow negative for the next 5 years or so, even with 30% down.

So you pay for it with a credit card and when the bill comes you make the payment.

@Vince Au no one can predict the future.There are some interesting facts you should confirm for yourself (NEVER believe anything anyone posts here!).

one of my clients that has a pretty big PM company.. had a unique way of doing this.He offered 50% of the first months rent or 500.00 minimum.. he would have 4 or 5 agents at the weekly meeting handout the list of vacants .. each of them would go place a sign in the yard and first come first served.. he found that potential tenants would call the first sign if no answer they called the next one until finally someone answered.. it worked pretty awesome for him. 

I would try to make a lasting impression so that I get an opportunity to see the next "deal". 

Avoid C-Corps, as they incur double taxation.Use LLCs for rentals and consider an S-Corp election for flips if income justifies the additional complexity.This post does not create a CPA-Client relationship.

Maricopa County ranked among the counties in the state with the highest number of foreclosure filings.