If those that chase the "deal" from the rules of thumb advocated here they will be doing a lot less business than if they learn to buy wisely with better RE knowledge.

More less he pays all the bills and I make very little.Thanks, Chase

I now have all my tenants (middle-level properties, all educated middle-class tenants) pay everything through Chase QuickPay - I chose Chase for my business account for this reason.   

@Ryan Chase  There are a few reasons selling with seller financing can be a better option.1.

Kills two birds with one stone.Your paying down your mortgage instead of your landlords mortgage & earning rental income.Financing for owner occupied homes (1-4 units) is the cheapest you can get.

An inspector would help tremendously with it, but you could be sending him on a wild goose chase for properties too.

**(never removed from lease for prospective tenants w/cats and no rider was attached).A) Unless the parties agree otherwise in writing, Tenant may not permit, even temporarily, any pet on the property, (including but not limited to any mammal, reptile, bird, fish, rodent, or insect).B).

looks okay from bird's eye view.

I will eventually learn it but right now I just want to take action, as I actually have bird dogs under me and sad to say but I can't even send out a contract.

@Brian Ellis   I would sell it in a heartbeat... bird in the hand and all of that.. deals are like street cars one on every corner especially out in the mid west...