I've built up a decent cash reserve that could cover my expenses in the event that all tenants stopped paying for at least 8-10 mos.I've heard some suggestions that it may be a good idea to do a cash out refi on some of these homes that have equity to have cash on hand in the event that some of these future opportunities crystallize (discounted homes, stocks, even opportunties in the beaten down oil industry).  

Being self employed and with the passive nature of merchant processing I have a good amount of free time throughout my week. 

External factors, such as low oil prices and a flood of cheap financing from venture capital and the public markets, have allowed some e-commerce companies to focus on driving exponential growth and capturing market share over profits.

I hear about these agents that close 1-2 deals per year and it baffles me, I guess sales just may not be in their nature.

Unbenowst to me, her previous landlord who she had a private relationship with....I think it was sexual in nature from what she claims... evicted her the week she began moving into our place for a small dollar amount.

If it is, then you may not have any other recourse unless you had some natural disaster clause in the contract.

Naturally the PM is no more; we do our own now, inspect all units either every six months or once a year depending on how long the tenant has been there.

We switched every unit to natural gas after we purchased them; I would make this a goal if you have oil currently.

@Stephen Colaco The most basic definition is that an accredited investor is a natural person who has a gross income of $200k per year if single, $300k per year if married OR has a net worth of at least $1 Million excluding one's personal residence.

They had the home locked in at $220,000.Does anyone out there have any experience with purchasing real estate following a natural disaster such as this?