Haven't done LTR though, I like that the tenants are new, fresh and employed so far and haven't had much incidents.

The trust then hires our management company to act as landlord and deal with tenants.Yes, tenants do have a right to know that their landlord is legitimate and that they are authorized to manage the property.But, that's it.It's all fun and games until an armed, pissed-off tenant shows up at the doorstep of your personal residence...

They were very fun and informative shows.

I’m 22, fresh out of college with a full time job.

Maybe that challenge would make the investing journey seem more "fun" but you are in a position that sooooo many people dream of. 

I would start by removing carpet and cleaning what you can, paint and then ozone as long as it takes.Ozone is cheap, but with fresh paint and new carpet it might ad up to $10k.

Ohhhhh the fun part of land lording.

Might be overkill but it keeps things fresh and clean. 3 sets of everything, that way there is always a clean backup on site, while one could be at the off site laundry.

I remember when everything was a lot more "country" and backwater than it is today, and honestly I thought it was more fun.

Marketing a property in which you only have an “equitable interest” in is muddy watersHope this helpsThat sure would be a fun auction to attend.Pretty sure he means through an auctioneer.