I was warned by all wall street "Wealth managers" to not pursue this investment space.

ComEd turned the power off due to non-payment(though ComEd never warned me or tenants which they are required to do by Illinois law), but I had the power back on well within 72 hours (business hours) which is the time limit Chicago gives landlords before tenants can terminate the lease.After about 24 hours my tenants sent me a notice of intent to vacate 4 months before the end of their lease term, which would be allowed if 72 hours had elapsed, but they hadn't. 

I got hooked on real estate in back in 2007, but unlike the Podcasts warn against, I've read and learned a ton, but never acted - until June of this year!

The cash flow on paper is tempting but coming from those streets I’d warn people to stay away.

I saw this coming and warned my agent and let the selling agent know, and told them to make sure this was taken care of prior to closing.

I've been warned that tenants can go months without paying rent and a situation like that would make it hard for me to keep up with payments.2) New Brunswick.

I picked up this thread in each of your posts talking about: "funds, when I have enough" I would warn you not to rush to purchasing something right when you have funds to buy, tenant occupied or not.  

i will try again here:to be fair, i think it's perfectly acceptable to offer a counter opinion and a bit of a warning to a newbie investor who is asking for honest and unbiased advice (which was the beginning of this post).  

Pretty much the exact example of what I was warning against.

Indy, Memphis, Ohio, Michigan, Illinois,  Georgia, Missouri, Mississippi, Alabama...its the same story and the only common denominator is that they bought a super cheap turnkey property with a super slick sales pitch.So I tend to go a little harder with my warnings about these props!