Too bad too.

Will get hit badly in the credit crunch, economy downturn, housing slump, etc. in the next 1 yr and will make this stock very CHEAP!

The areas where my houses are don't seem that bad, but a few said they won't take them.

I did not like it the idea that there was no way to have a private conversation there and trully something smell very bad on him.

That way if my rental rates are off, this buys me time to do some due dilligence and the time for my contractor to look over the property and get me a quote.I have only had to back out of a contract once based on the clause.For a newbie, it may not be a bad idea to have a bit of a safety net.

I got to chase down bad guys.

On the second one the old roof didn't need to be stripped, no bad decking or sheetrock.

I do a google search first which weeds out the really bad one.

She gets a nice chunk of change even after commission and tax despite her bad financial decisions, and I take on a property that needs repairs in a depreciating market.

I have a long time to really sort this out and think of a strategy but I figured this wouldn't be a bad place to start!