I think it's a necessity if you're going to go after REOs.Steph

It had no window, so a vent fan was a necessity.

A relationship with a local bank may be a necessity.

Sometimes it is something you buy to provide shelter...one of life's necessities.

You are right, the court is a waste of time, but can be a necessity.

and if your tenant causes damages to the exterior anywhere, the HOA will want you to pay to fix it (on your rental that isn't in an HOA, you can choose to leave things in the damaged state).I assume each unit in the condo will have it's own HVAC; when that dies, it's on the owner to fix it and not up to the HOA to pay for it.Special assessments sometimes pay for necessities needed for the use by the overall community (like say a roof or parking area), but sometimes they pay just to improve the facades of a certain "row" of units.

Those guys tend to be very straight forward and to the point and in construction, that is a necessity.

Just because you are a CPA, does not exclude you from the necessity of that team member.Todd, thank you for the vote on my post, I welcome and an all votes for my posts in which you all deem "worthy"

Luckily, tow insurance is not a absolute necessity.

He is right in that you need to be careful who you trust, however, countless times I have formed great relationships with top REO brokers (which is a necessity in the REO biz) and although they represent the banks as the sellers, there is somehwat of a non-personal attachment as banks are just big corporate entities and I am a real person in their office whom they like, whom they drink beers with, whom they joke and laugh with on occasion.These relationships produce great deals.