Such additional duties may include, but shall not be limited to, the following;Returning trash receptacles to their proper place  after 12 hours of collection.Responding to police calls due to tenant activities.Responding to excessive complaints by neighbors or public officials.Responding to excessive communications without good cause, emergency situations excluded.Removal of inoperable machinery, vehicles, trash or personal property outside living quarters. 

With family in Texas, you can drive a short distance to see the properties on your vacations if you like, but don't need to work there on your vacation, just cash in your quarterly payouts and have some fun.

My goal was to buy one rental in the first quarter of this year, with four total in the year.  

This plan includes conducting quarterly seminars, building relationships with local care facilities and finding opportunities to host events for seniors in my community (i.e.

A set amount each month or quarter?

Hitting each door once a quarter usually suffices.

For instance some areas might for them at peak of REO release had 20 properties for sale.Other areas such as Atlanta you can find thousands.So deal volume and opportunity varies.You would have to look at each banks quarterly report to see what level and type of non-performing loans they have on the books.Many banks started up a few years ago and do not have any defaulted product to sell and are very healthy.So even though there are a bunch of REO's coming eventually they may or may not be in your area that may have already stabilized and recovered.

interesting tidbit..Lower-priced rentals see more significant decreases in rent amounts: The average rent amount for Class A properties in the first quarter of 2013 was $1,571, a year-over-year decrease of 0.8 percent.

., MSA apartment vacancy rate fell to 4 percent at the end of the first quarter of 2011."

Short sale activity as a percentage of the combined total of short sales and foreclosure transfers increased from 27% in the third quarter of 2011 to 35% in the third quarter of 2012 primarily resulting from our increased focus on this foreclosure alternative.