*4) How likely are the banks to counter in such instances?

It can actually grow to a higher number.

Banks will generally pay any draft presented and if you read the signature card statements and your checking account agreement, you'll find that the bank is under no obligation to verify the validity or signature, not subject to fraudulent acts.Use to be that a teller would actually look at a signature card in the "proofing" of a check and verify it was the same etc. not anymore if it passes through the affiliate check routing system (A draft on another bank deposited to a different bank account), signatures and endorsements are assumed to be proper and the transaction is in good faith.In many instances, you could deposit that magazine check and cancell any subscription implied.

for instance, if the Shawnee house was on a great street in Louisville it would be worth as much as 250K.

That said, in order for us to grow the offerings we can provide to our users, we need to actually make some money.

My quad's come out to 64,000 a door for 850 to 950 a month in rent on my apartments.I don't look at it only from a cash flow perspective however.The area I have the buildings in is an A location prime for redevelopment down the road.Mike it sounds like your local market is competitive with investors and your margins are thin.On one hand it is good to be in a thriving market where demand is strong because usually supply is lower and the amount of rentals and new development for multifamily cannot meet demand.This helps rents grow at a rate that outpaces utility increases and inflation.The downside is it can make some investors overspend on a property because they feel good about the market.I looked for over 2 years before I bought something.I said many times those buyers were nuts.I tracked the properties and many investment properties after purchase just 1 to 2 years later went into foreclosure.They bought at such a price that it wasn't sustainable.I look for a 10 CAP or better on my purchases.The problem is if you someone who has only gotten 1 percent interest off of a CD or Treasuries or they have gotten beat up in the stock market.Those types of buyers jump up and down to get a 7% annual CAP return beating out your offers everyday of the week.By in large many buyers like this can be lazy.They only look in the MLS for listed properties.Value can be found marketing to sellers that are not on the market.They don't want to make public all of their problems ( I know it is common knowledge of default at some point but this is their mindset ).

Here hoping to learn how to make my business grow.

If for instance, your parents sold a property to a third party, who then sold it to you after ten years, then that would be fine.

It has been rated one of the fastest growing cities in the nation in 2011.

For instance, one guy last night did a short sales for a smooth 170k profit (ARV was around 400k)- you'd actually be very hard pressed to make a profit like that any where else in the nation.But I digress, I'm still interested in more marketing ideas/ways of getting people to call you so I can ALWAYS BE CLOSING!