I predicted this would be a possibility, so I got an authorization to release from the borrower at the time of my purchase.

When I do this, he and I split the profit.He has a checkbook and credit cards for the company and is authorized to make any rehab decisions and any financial decisions up to a specific $$$ amount (over that, he needs to get approval from me).He is paid a small monthly salary, plus receives a percentage of the profit on each project.

To sell that FSBO he will need to get a permission to show proior to showing if an offer is made it is usually covered in the authorization to show (most will require a commission, but you could X that out).

The college grads I hired -most would've been selected without a college degree.Both authors are from world of academics, but that isn't where the Book info- One gained his Book info from interviewing successful people and compiling it into averages etc.

I would also not invest to heavily in moving somewhere as mentioned where you do not know how you will like it or not.Often when someone dies and an inheritance happens people are often more emotional than even they recognize for awhile.This is why most say give yourself time to grieve before making big changes in your life personally or financially.Then if you still feel the same way pursue what you were thinking of.

If students feel any disconnect or disrespect for authority between themselves and their landlord, they are more likely to ignore rules, destroy property, pay late, etc...keep the lines of communication open!

Will they contact you for your authorization before performing a repair?

In my state (California), for example, the law does not recognize non-refundable security deposits so you would not be allowed to do what Jon said he does.

If you are going to break in, I would do the following:Have the owner email you something giving you authorization to go in along with a copy of his driver's license and cell phone number.

The listing agent has authorization to discuss the loan with the bank most likely but you won't.