Graduate/Professional renters have fewer good options, and we've found they typically pay more, and take better care of the property, when you vet them well.

You are wrong and you're giving advice on things that you've clearly never researched, which is dangerous.

Danger, Will Robinson!

In this post, I want to share with you what I believe to be the three most significant gut check moments you can expect.I like to refer to them as the "Three D’s" and man o man they can be dangerous!

So I've got a property listed FSBO.Since I listed it, I've had no fewer than 50 agents or their representatives contact me wanting to preview the property. 

With fewer homes on the market and less buyers in the market, both buyers and sellers are experiencing what we would consider a very normal buying & selling process.

Self-directed IRA's are an area where this is particularly dangerous.  

With or without management makes a difference as does SFR vs MFR and location for the LA area in SFR if you are willing to do rehab and self manage you can get 4.5% the farther east you go and/ or the fewer properties you want the higher you can push that.

But don’t let that confuse you, that does not mean it is 2-3 x lower return on investment.Fewer properties: I’m not sure if this is true data, but I’ve noticed over the last 5 years watching the Des Moines Market, many more converted properties come onto the market than built for purpose giving you fewer choices if that is the asset you want to choose.Pros of conversion:Lower cost: Back in the 70’s when most of these conversions took place, it was WAY cheaper to do that than build a new duplex from scratch.

danger beware...the lender cannot, in Az just foreclose.