Hi Everyone, I've read several comments lately where people express intense concern for properties listed for under $100,000.

Anybody with  short term rental, nighly stay rent, or venue/experience renting feel free to express your knowledge.

Express is 60 minutes.

@Tony Wooldridge,If you're expressing this much self-doubt, then I'd agree with those who say to take on an experienced JV partner.

This risk although we hope is small it still is not negligible.Attorney also more or less advised to just engage her when it comes time to execute/ie we have an expressed interest from the tenants to move forward.Because this property is owned under a self directed IRA I have also been advised that we just need to share contract language with our IRA custodian to ensure compliance.So, all seems well in this world

. § 5220.Delivery of Notice to VacateThe notice to vacate shall be given in person or by mail at the premises in question.

A few of the major employers (Monsanto, Boeing, Express Scripts and a few manufacturing plants) are planning for expansion in 2017, which will also help bolster the local economy.

At $11,000 to tear down it seems the money will come back as taxes fairly smoothly, average new house probably has $60,000 to $70,000 of local payroll labor involved when utilities and sales/delivery are included. 

I am aware of it, whether it is a real issue or not, it is considered in the delivery of posts as best it can.

One of our members, Bob White, expressed interest in creating a sub group, giving us the opportunity to play and practice investing outside of the normal meetings.