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Updated about 10 years ago,
Possible to "Rehab" remotely?
I'm looking at several HomePath properties in more amenable markets than my own and many will require some degree of repair before their rent-ready.
My question to you guys is how would you best advise on how to approach assessing the repairs needed, finding a contractor, and then ensuring the work is done ... remotely.
My first hunch is that this shouldn't be done. I'm not keen on buying property that I'll never see, but I know that there are some scenarios where this totally acceptable. Perhaps this falls under the category of it shouldn't be done?
If it can be done, what's your advice? Are there trustworthy contractors who do just this? How would I find them?
Your thoughts would be greatly appreciated.