See the crazy lady's post below:LANDLORDS..... keep in mind when you say NO PETS you ARE discriminating AGAINST disabled people with therapy pets BEFORE they have even had a chance to get into your building.. like the blind who has a therapy dog, or the elderly who might have a therapy cat, or the CHILD who might have special needs only his therapy dog can do... and THEY CAN AND WILL SUE YOU to own the property you are trying to rent... so reconsider renting to them that way you collect the money from them and retain your property instead of losing the property to them for DISCRIMINATION... cause i have had enough of being discriminated against and i hope all DISABLED people with THERAPY PETS ban together!!

The primary cause of appreciation is increased demand.

Jerk got what he deserved, but came to find out that repair was not covered by my homeowner's insurance.Apparently damages caused by insects, birds, rodents and household pets are not covered.  

Know what you would be happy with going into the conversation, what your ideal number would be, what you would accept and what would cause you to walk away.

What causes market cycles is market inefficiencies and the human emotions of GREED and FEAR....not just job growth.

There are no catalyst that would cause this area to grow.  

:)On a more serious note, are there new developments that cause some excitements around Metro?

If your gross rents are currently less than 3x your P&I in aggregate currently, then in my view you are very tight on cash flow (and preferably 3.5x) and not in good position to weather adversity.With 29 properties, all the debt introduces alot of financial risk, where circumstances cause a large drop in market rents and/or high vacancies across the board, and the problem could overwhelm the ability of your non-RE income to bail you out.Also, if your liquid reserves are less than 6 mths P&I on all your loans, then likewise you need to shore that up.If you can create some free & clear properties by paying off the mortgages, you also have the benefit of being able to transfer them to an LLC to potentially provide some shielding from creditors if problems ever occur in the leveraged portfolio.

I'm the type who always does everything on their own BUT I recently read 'The Four Hour Workweek' which caused me to re-evaluate my entire approach to business.

In wholesaling, options are much better when dealing with mom and pop homeowner as they understand you may or may not buy, then you don't have horsefeathers in your face when you don't perform in buying 'cause you had no buyer lined up!