I can see where one could lose quickly if not on top of things.

If there other income is 30K from SSI, it seems that they would stay in the 12% tax bracket top of about 77K. 

I can see where one could lose quickly if not on top of things.

Hey Derek, I have a great agent in the area in the top 1% of agents for New Haven County and #4 of 4,000 agents in the Tri-State region.

Your written agreement should fit on a single sheet of paper.If the apartment compromises 10% or more of your investment income, this is a bad idea. 

After hours and hours of research, I have decided that Birmingham is at the top of my list for long distance investing.

Some folks speculate on where the market will be in the future, but I prefer to  count appreciation as gravy on top. 

But basically I would search the websites constantly for houses I thought fit me which a small criteria for me as I said above basically under 30k that rents above 600, I have always thought I would be willing to pay more for a rent ready one but never did pull the trigger on any.

Haha....I have one on John Street by the University (practically on top of the Expressway) and I have one on the 1100 Block of South Harlan.  

@Tom Barnicle, I agree with @Matt Morgan  that direct marketing is a good way to find off-market deals.By working with a list broker, you can get a list of property owners that have property fitting your requirements.