That's what I recall hearing someone but couldn't find my notes to validate.  

Might be better for you to just take the $1300 until May so you can try to get a tenant lined up in the mean time and be better off than if it were to sit vacant.I would have a really hard time making him move out and uprooting his kids during the school year like that.

Learning as much as you can as fast as you can because the money is sitting there and you need to figure out how to reach it. 

Number one thing don't just sit there.

Now if the property has been sitting for a while with no rental offers then a PM may negotiate the price if they raised the rent too high. 

I suppose there are also hybrid ways to do it, and you'd probably use different ways for different circumstances, but when sitting down, for yourself, to calculate your net worth, what is the PROPER method?

So you are a sitting duck if you do not have some sort of martial arts training to at least fight your way out.

I know, however, that there are many single homes sitting vacant as well as an aging apartment landscape happening in our city. 

BP market place for lenders Is loaded with these characters. its why they have a big disclosures at the top of it  IE beware lender frauds.I think the folks that get burned by them need to look within.. and realize that if you can't get money from your local HML that you can go in and sit down with and eyeball. then there is not anyone on the internet that is going to do it for you.these lenders scams are old as the hills. my Dad showed me these as a very young agent.. back in the late 70's  money for due diligence never fund. 

With the returns you can produce off of a great deal you can offer returns to investors that would normally take them years to realize in more conventional investment accounts where their money is sitting. last resort should be hard money lenders.