Any opinion to the contrary given by anyone else will result in the accusation that "you are trying to stop competition because you're afraid we will be successful" or "everybody has to start somewhere " and they will tell each other "don't be discourage by negative thinkers". 7- the best education in real estate comes from courses given at colleges and or by realtor organizations or by CCIM.

2 hrs away, for a major market?

We have already done several deals together but we are trying to do it on a bigger, on a more organized scale.

I have had success with this organization, camerondirect.com.

(I don't back out unless there's a major problem, but this has happened a few times with my buyer's agent).

I am not talking about just going to court.I am talking about 3 day notice to quit,filing eviction,court date in the mail,going to court if tenants answers and getting judgement and writ,then paying writ fee and waiting for the marshal to set up throwing the stuff out.These time lines and processes will vary by state.In some areas the marshalls are backed up serving the writs.So if it takes 2 months to get them out and the writ takes a month then it will be 3 months of lost rent.4 if you get them out mid month unless you can land someone living in a hotel or moving to the area mid month.Then you would only lose 3 1/2 months.You also have to factor in time to turn the place and clean it and rent it out again.The fact you accepted a reduced rent will make it hard to get an eviction in court.Accepting a partial rent usually means you are doing a workout with the tenant.So for instance of I can get a majority of the rent I might do a workout.If the tenant wants me to stop eviction for 100 dollars I tell them to pound sand. :)What you do will also depend on your personal cash flow situation.Are you trying to preserve personal credit and do you have a recourse loan on this property??

Therefore, most people do not make major improvement to the property.

My biggest impediment to expanding my business is that I'm a major control freak, and I wouldn't be comfortable investing in locations I'm unfamiliar with.

One of the major hurdles is finding land that is zoned for a high enough density that it can make sense.

3XXX Tartarian, Needs MAJOR clean up, carpet, paint.