when a tenant tells the judge that i'm lying and they paid rent, i just whip out my notebook and he sees the log i've kept for each unit and for how long....again, not the most advanced system, but it's always (knock on wood) upheld in court for me...now, i do try to transport that to excel every few months, but i've been lazy at that lately :)

The only reason I would say not to pass on it would be if it was an excellent buy.

Ibarra and have had a great experience with him and am enjoying excellent returns that should lead to a solid retirement with little or not interaction on my part. 

Even if you have to learn how to obtain like the big boys do.This is the numbers for one I found tonight on the market--The potential is excellent if you ask me. :)Asking price $1,590,000Gross Income $547,000Net Income $194,960With standard financing rules 20% down is $318,00030% down is $477,000$1,590,000/360=$4,416.67$194,960/12=$16,246.66 net income before interest if numbers are goodUnits have some updates already.

This is excellent advice.

@James StocktonThat's excellent and it certainly counts as a success story.

I've used these recently and got excellent results, but then again I grew up around construction and don't mind doing the work myself.  

@Vincent Park  all excellent choices for TK purchase.. one thing to note is that your requirement for high returns and your requirement for big appreciation those are oxymoron's in almost all markets.. you will get one or the other.you could have gotten both if you were buying in 2009 to 2011 .. but not today... at least not to the extent you may be hoping for.

An excellent way to screen a property for investment is the calculator on this site https://www.biggerpockets.com/buy-and-hold-calcula...

Why the negativity I just got a quote from open door and it was very professional with excellent comps well presented the bottom line it came out to about $5000 less then marketplace value as compared to a realtor I could see them being a disruptive force in the marketplace