Or are some old and paid off but still on the credit report?

The build quality can be suspect.In some markets the existing tenants have to be paid cash or offered a deal before you can convert their units.There are many code differences when you want to convert 1 apartment building into multiple units.

Paid 3500.00 for the other side, more that it was worth, but I thought if sold it to an idiot, I wouldn't keep a renter in my side.

To be honest, as a new landlord having only 2 weeks of rent not paid and a couple light bulbs to replace is not really that bad of a deal with a problem tenant.

Also, NY will kill me in taxes.About my life, I am a single, company paid part time graduate student along with a full time job.

Think of it as paid training in property management.

It will be re-assigned to another broker/agent on their list.Listing residential REO ship sailed long ago.Many of my broker friends have stopped listing for banks and work on the buy side more as they pick up a bonus.On the REO side you get hit with BS certifications from asset companies wanting hundreds of dollars a year to be a MEMBER and POSSIBLY land a listing.When you do it's a POC (piece of crap) and you have to outlay a money with rekey and trashout,cash for keys etc. in some cases and wait for the money to be paid back to you.If you have a buyer for the property try to deal with FNMA.If you are just after a listing you need to go with a big reo brokerage already established and be a buyers broker.As local and regional banks have told me they get calls almost everyday from agents wanting to list their REO's.I am more valuable as I focus on the commercial side so they don't get as many of those specialized types.If you are the broker you can go to the local banks and offer to do it cheaper for volume and land business that way.Thanks

Toothless people and slobs are not protected classes and it's legal to discriminate based on number of teeth, (although I wouldn't do it - I'm more concerned with the rent being paid).

The last response is true.people will send you their list unblocked.When you send out your emails, make sure to block (BCC)your contacts.Your buyers list is your "money", and as you've seenonce you've given them away (on purpuse or accident)someone else will use them, and you won't get paid from it.Another tip, when out riding, and you see a rehab under way.Stop and talk a bit.If he's/she's doing a rehab, they might be a buyer,and they might be buying soon again.

We paid less than the sellers did, and they put about $45K into upgrades not included in their purchase price.Now to sell the TX property.I'm grinning like a s**t salesman that just ate his samples.all cash