A bounced check is NOT payment - it's a worthless piece of paper.

Had it been left, judges and juries would have been able to award amounts based on the individual circumstances of each case rather than a perception of a fixed amount of money that each person has to take a piece of.

I want to use a single direct mail piece to do this.

In many cases, they don't go through the purchases if they get them (after they look at the property), and yet, HUD hasn't stopped awarding them winning bids.That's just one piece of empirical data, but it's definitely holding true in that case...

Also, run the pieces higher than the flow of shower water - to the ceiling if you can manage.

If the stain comes through again or if there is any indication of mold, just replace that piece of sheetrock.The nice thing about sheetrock is that it will usually tell you if it needs to be replaced -- look for stains to come back, sagging, discoloration, etc.

The amount of work necessary to make sure all the right pieces are in place is very time consuming.

Rich Weese That's so funny, we were looking at a piece of property over on E Chapman that's a REO, with junk piled up all over, still deciding on it.

Id get the judgement, youll have years to collect on it.This is exactly what I'm thinking, but I want to make sure that I am 100% clear of any potential backlash.OK, a different piece of advice - sell your rentals.

I would completely agree that if you cant afford to do the whole house, focus on the main components thoroughly and not bits and pieces spread throughout.