It is a great source of passive income.I recommend books and audio tapes found at www.jimmynapier.com on the subject of buying debt as a great way to become better acquainted with the business and how to get started.What may the best method for you to begin is to become an investor with a developer.

I'm wondering if anyone has had success finding a quality Real Estate Investors networking group in Brevard County.

I also forgot to mention that I would be doing an initial phone/email screening to weed out any poor candidates and the units are all good quality in good location...almost no risk of dealing with crazies or any adverse situations.Should not require more than 3 or 4 showings per vacancy.

BP has so much valuable quality information that you can't go wrong.

Do your tenants have other properties they can move to with similar quality at cheaper price? 

Quality of tenant? 

So you're usually stuck with newer or lower quality Contractors.

Most quality PMCs will not manage these properties as they understand most owners won’t pay them enough for the time required and even then it’s too difficult successfully manage them.

So I think making some minor cosmetic renovations, I can improve the quality of the condo and increase rents.

The one difference I found is that good quality contractors are much easier to find and build a relationship with than they are in our home state.