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Updated almost 2 years ago,
Rehab -or- Sell
Hello,
This is my first ever post, I am a newbie to BiggerPockets.
My family has recently taken back a property that was forfeited through a land contract forfeiture. The whole process was an ordeal in itself. Anyways, I am looking for advice and asking those who have more experience and knowledge than myself.
The property in question (located in SW Michigan) is quite distressed, missing walls, probable termite damage, damp/soft flooring, and probably many other issues.
However, I am located in Florida, and do not know of any investors and contractors in the SW Michigan area. My question is this, should I look for a partner (and hope to learn ), or should I just sell the property as-is?