I generally see a few new properties in a variety of areas in NC weekly- many not too frightening.Glad you're onboard!

Whereas the general public doesn’t know a million real estate agents, tends to hire the first one they meet (when they’re ready) 70% of the time and tends to sign whatever “normal commission” you initially propose.The great thing about working with investors is you get access to wholesale priced contractors, you learn what questions to ask, and you learn how to analyze your own buy and holds or buy and sells.

@Robert Burns In my experience:#1 Calling FSBOs#2 Door Knocking About-to-Expire or Expired Realtor Listings#3 Mailing all Realtor Listings#4 Calling or Door Knocking the General Public#5 Advertising Online

I really like the idea of having a monthly cash flow and I generally appreciate the concept of renting more than I do flipping.

New tenants expect skuffs on the walls to be addressed and for the apartment to be generally clean.

I signed a contract at the beginning with a GC that was more general than I wanted considering the large price tag, but he kept saying that he couldn't make it more specific until they busted up the concrete to see what was really going on (lots of unknowns due to age and character of building).

I know a lot of homeowners would like to do the work themselves and turn a profit on their investment but generally lack the finances, knowledge, etc to do so.

Read your agreement first, there's generally a notice that will need to be provided.Best advice, it's just business...and treat it as such.

Ron S,  I am RE broker, with experience in short sales, familiar with Los Angeles rent control, reap, code violations, I am a Licensed General Contractor,  I can bring an offer to any asset manager, but I have no experience with REO, If i get a listing today, i would not know what is the process.

Generally accepted contract (look at the lease people sign daily with apartments) "three times" means overnight stays.