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Old 09-03-12, 11:47 AM
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Location: Beautiful Long Beach California
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Quick story. What some evil realtors are doing around here is going to a home for sale, taking the keys out of the lockbox and putting it on Craigslist as a rental (other non-realtors are breaking in and changing the locks). They take first, last and a security deposit and the new "tenant" moves in. It can take months to get them out. We got a listing three months ago that has a squatter in it and the owner still can't get them out.

You can be very successful with rentals but you need to be careful. A credit check is not enough.
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