how to earn money with real estate options_19

_{Do not, under any circumstances, buy real estate options on properties in areas}

_{that are perceived by the public as being bad locations. Keep in mind that when}

_{you buy an option on any type of property, you are also buying the neighborhood}

_{in which it is located. For example, here in Tampa, there is an area around}

_{my alma mater, the University of South Florida, that is derisively called Suitcase}

_{City and frequently featured on the local six o'clock news because of drug busts,}

_{carjacking, rapes, burglaries, and other violent crimes. Suitcase City is made up}

_{almost entirely of small residential rental properties, housing tenants who receive}

_{rental housing payment assistance under HUD's Section 8 rental program.}

_{Many of the rental properties located in Suitcase City suffer from gross mismanagement}

_{and can be bought at bargain-basement prices! However, because}

_{of the public's perception of Suitcase City as being a bad location, I have steadfastly}

_{refused to buy an option on any property located there.}