Reduce gov't waste, legalize drugs, and make sure those who are receiving welfare are not using it to pay for cable TV, cigarettes, and iphones.

On a $30K investment (actually higher with your closing costs), you're looking at about 8.7% cash on cash return.Now, if you manage it yourself and handle minor maintenance you can earn a pretty good chunk of that "50%" for yourself.

It has everything to do with reducing their over-weighting in this type of loan, often they're on 'probation' with their regulator to reduce exposure to investment property lending.

My PM is Portfolio Properties now and they handle all the repairs.

As we see here, there are risks beyond just getting into a house and having to take on responsibilities the landlord used to handle.

Seth,First thanks for your service in our military.Second your plan sounds good, well planned and you seem to handle on budget and timeline.

Aaron and Ryan Webber are going to put together a great session for both the beginner with no experience, and the more advanced investor who is looking for strategies to help manage deal flow that they may not have the manpower or cash to handle.

While the occupant will have reduced expenses like trash, water, etc, the landlod does not see the benefits.

Did you handle it like Townsend or did you circumvent this differently?

Unless you have a competent PM handling everything for you, you need to become good at evaluating people's behavior and past history, and reading between the lines, while at the same time treating everyone fairly.