The reason I am keeping a rental despite my preference for flipping is due to the fact that by having some passive income flowing in, it's easier for me to keep a rational head when identifying deals since i am depending on flipping and doing deals as a full time job and sole source of income.Without some source of income, I get antsy when I haven't flipped or done or deal after a long period, increasing my chances of making a mistake.

The spotcrime website seems to be a good one too.I wonder if there are any good places to identify trends over time:- quality of schools - improving or declining?

I was forwarded this article today: http://www.linkedin.com/today/post/article/20130701213914-33236097-finally-the-best-times-to-cold-call-revealed I thought that it might be of interest here. The first part of the ar...

Thanks Franco By any chance do you have a muzzle to keep my mouth shut?

(The seller could not do this as this was his second home and so was denied by the bank)Is there a chance this will happen?

If these were "hard laws", most home improvement stores wouldn't exist.

Finally, the buyer has agreed to purchase this property "as is" with no provisions for the seller to further improve the property.

Without a formal inspection, it would be difficult to know how much capital improvements are required to get renters in ASAP.Even if the $500 number for the rent above is correct, but there are $50,000 in capital improvements needed to make it habitable, there are many investors that will quickly walk away.Just a couple thoughts.

If the lease doesn't cover tenant improvements, what protection can be developed for the buyer?

All you need is a chance from your inner circle and you will be off and running.