I will warn you, it is a lot of hoops to jump through.

Make sure you have documentation about the dog bite-hope the tenant wasn't hurt too badly....Just a suggestion-I warn my new tenants with dogs that if I receive complaints they do not clean up after their dogs that I would hire a poop-duty company and charge them for it.

(Warning, of course, the reverse happens when rent deflates. 

Even more so for newer investors for several reasons.I will warn you though that with vacant houses in particular, I would not rely on just mail to contact the owners.  

I don’t know anything about them except this: if they are associated with Morris then I am going to stay far away from anything they do, anything they sell.I will leave you with one idiom, the ultimate and timeless warning in literally all aspects of every business – yet something we all forget from time to time.

Some are warning about the owner occupied FHA route however if that is the problem there is still the HomeStyle Renovation option.

Thank you for the information, I was a bit cautious about it initially due to the wire fraud warnings all over the place.

I recently decided to become involved with real-estate investing, but before I do anything else I'd like to become knowledgeable on the subject. I've read several books/ blogs and the majority of these suggest the bes...

Any pitfalls in the buy and hold game you can warn me of? 

But I warn them that it's rare for a property to sit on the market that long.I also have them sign a simple Holding Agreement that says we will hold the property until their move-in date.