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Updated almost 8 years ago,
Barely closed and Murphy came knocking :)
Closed on my duplex on Thursday. Seller who happened to be pretty much a friend I met through REI forgot to give me the key to the back unit that is already rented out. He left the key to the thrashed unit that needs roughly 10k rehab. He was out of town and very apologetic, I said oh no worries, what's the worst that can happen? It'll be fine. Just give me the key when you get back into town.
What do ya know? Tenant locked himself out the next night! I had no key and wasn't going to get a locksmith out at 11pm on a Saturday night to eat up all rent that I haven't gotten yet lol. Told the kid to crash at a friends and got the locksmith to let him in yesterday. My buddy seller will pay the bill thankfully but I just got my first lesson in Murphy's law and the school of hard knocks :)
Here are a few pix of the front unit. Can't wait to transform this bad boy. Already learning lesson 2 ...dealing with contractors...the budget is already going sideways but I have a few strategies to get back on track.