Don't commit to anything too large.

Now I am no expert on acquiring leads but I am committed to learning.

So-so tenants are very costly (we have found that from experience) both financially and in terms of time commitment and stress.

@Mike Dorneman I’m kicking myself for taking so long to committing to investing, we research, run numbers, put in offer and so far...nada!

pretty tough to get title commitment in those areas in 2 days.. 2 to 3 weeks is FAST for most HML s if you are not known to them already. and cash out is tougher for sure.

If you network well and commit to being available when you say you will be then it will work out.

We sign an agreement that commits their non-refundable payment for a brief period (usually 5 days), during which time I call landlords, employers, and run background checks.

you definitely want to get a title commitment on this it will tell you who is authorized to transfer title.. if there was no proper probate then that needs to be handled..

@Jerry Brecko This is so because the seller's title company created the issue and it's their mess to fix OR they previously insured over it so they are already on the hook.If the title commitment had no unreasonable exceptions and the deal was winner for me, I would go with the seller's title company.

I do not tolerate tenants that place  their own personal needs ahead of meeting their commitments to pay rent on time.