You are going to need look at the leases closely some people put in auto renewals for month to month, if this is the case then you can give them a 30 or 60 day notice (what ever their current lease calls for) to either sign a new lease or vacate the unit.  

(to compare future appreciation potential vs cash flow) Also the tone of my post was against overly aggressive speculation but you quoted me out of context.

Again, I am sorry for the tone.

As for preferred stocks, I am cautious there as well as I wouldn't be surprised to see Uncle Sam exercise his muscle and step in to tell banks that they CANNOT pay common OR preferred dividends.

I love 60's muscle cars and would rather have a muscle car than a Lambo.

I think it will profit those with enough financial muscle to withstand the gestation period of the investment.....I really will not want to wake up in 2018-2020 with regrets...why didn't I but when it was 2015!!!!

What you will want to do is get a paint stir paddle that attaches to a drill....because you are going to need to mix the heck out of the paint!

The tone-pitch of your voice has to be going down instead of up.

Hey Lafi,You're going to need to provide a lot more info before anyone can help you out.

You're going to need to pay for the tittle search (for title insurance purposes), title insurance (for you and the lender if the property is mortgaged), attorney fees, and recordation fees.