I have not read the body of the text but if this is true how will it change our approach as an investing group?

Hi All,I am new to the wonderful platform.Being an overseas investor that has just formed an LLC, I would need an independent company to act as a good reliable high level service of  Physical address in the US ( mainly for getting correspondence from the bank / Credit & Debit cards / other correspondence not relating to registered agent as it seems the Attorney that has formed the LLC would act as a Registered agent for that purpose not for bank correspondence ) Need any good recommendations of great such websites / services that are reliable and high level good with forwarding overseas only the mail we ask them to do / they scan every mail to email and I can choose which ones to forward. 

I have not physically inspected property yet.

Before worrying about how to go after the tenant, I would figure out how to get away from the Property Manager and I would seriously consider suing him for professional negligence and/or filing a complaint against him with the state board of REALTORS or whatever body he is a part of.Does the Property Manager have anything in writing that stipulates when a late fee is applied, when notice is served, or when the manager will file for a forcible entry and detainer?

I though I had read on BP recently that Airbnb was moving to only allow Airbnb ing properties that a person physically owned.

The physical upgrades, the rent return, etc....Additionally, offer to make her a part of the renovation process.  

Hi All,11/07 was the first time we were at auction physically, though we had bid on few properties in the past online .

@Kelly Farley, is your 10% vacancy just your physical vacancy rate?

So even as people are buying (highest levels of consumer confidence), we just don't need as many physical retail stores or restaurants anymore.

I don't want to end up getting a reputation for retrading after the face, but I'm sure that I will find at least a few surprises, when I go through the documents and the physical inspections.NumbersPurchase price $875,000Units 19 2 BedroomC Building, C Neighborhood, Low crime, Rural within driving distance to metropolitan jobsGross Rents (Rent Roll) - $10,600/monthLess 5% Vacancy  - $120,480/yearManagement @10% = $12,720Legal, Marketing, Administrative (My Estimate) - $1500Landscaping and Snow Plowing (Pro Forma) - $2,631Other Maintenance and Repairs (Estimate based on 10% total M&R) -  $11,481Utilities (Common areas only Pro forma) - $1,069Total Operating Expenses - $52,013Expense Ratio 41% of gross scheduledNOI - $68,827Operating Cap at Purchase Price - 7.87%CapEx Reserves (Not included in NOI) - $300/unit per yearDoes anything seem out of place, based on these numbers?