What is your intended outcome?

Often people get blinded by this prospect.  50% downpayment is not ideal ( unless you are getting a great deal ).

Make sure your sign riders give prospects a reason to call, and remember that one property especially a luxury property only appeals to a select few so you have to figure out a way to convert the leads you do get who are buyers and sellers but will rule out your listing for one reason or another. 

For the person starting out, it takes time to achieve great success and that is why slow small steps can bring the best outcome. 

I look forward to hearing the outcome.

This should cost under $300.Next, like all rentals, you will want to be sure to screen the prospective tenant/buyer thoroughly.  

And there are two different ways you can treat becoming a real estate agent, with two very different outcomes. 

Rentometer.com works pretty good for quick check of average rents, when you know the address of a prospective property.

I would like to know how you view a loan mod in terms of credit risk when analyzing a prospective tenant.   

My friend ended up moving there and running it them selves had they not they would have lost it to foreclosure and lost all their equity they had rolled into it. they finally sold this year at got made whole... but had to change their life for 5 years to get that outcome.