On the other hand, her father was a veteran and she was taking advantage of his post 911 GI bill so the money she was receiving for going to school was not money that she personally earned.Michaela, in your case I'm betting this claim that this lawyer from Kentucky is spewing that there are several things in your lease that make it "invalid" is, as has been pointed out,  simply an attempt to intimidate you into capitulating. 

If you run C or D properties with poor screening, then cash is your best bet.

Don't be surprised if many people don't want to give up their contractors, because finding good, trustworthy contractors is difficult, and investors often don't want them to become too busy or raise prices.

Hey Dorian,I think your best bet is to use these funds for a flip first, build equity and pay off the loan so you can acquire rentals for the long run as you go.Most hard money lenders will consider financing 80-90% of purchase and the majority, if not all of repair costs up to about 70% of resale value.

Your best bet is to save up enough to finance your first deal.  

I bet there is a good chance the bad guy has some knowledge of the unit and made a run there in a last ditch effort.The Tenant wanted no part of that and ran out of the place before the bad guy barricaded himself in there.

All network with eachother, and I bet most of them know eachother by name.  

Tenant selection and an experienced, trustworthy management company are the make-or-break variables in the P&L with Section 8, as well as having a very good (read "pit bull") eviction attorney.  

After thinking it over hanging on to the property may be the best bet. 

I would bet that you would be better off making an offer for 2k less, but that's just speculation on my part.- Justin