Tenant we inherited never paid and the property manager never informed us. 

This tenant was inherited with no deposit coming to us due to foreclosures.Security Deposit Itemization (Deductions for Repairs, Cleaning, and Unpaid Rent)Date: From: To: Property Address: Rental Period: 1.

My motivation to pursue real estate is to build a life for my family and leave a legacy for my kids and a business for them to inherit when they get older.

We are learning this together, and it's worked out really great so far with other property (we inherited tenants so this is our first time having to get our own). 

I'm looking at a deal that includes tenants on Month to month, no paperwork, apparently. the rents are strong, but I'm concerned about inheriting.

I want to sell one property use the proceeds to find and fix and flip a propertyMy hope is that in two years I can manage to do enough flips to make six figure profitsI have some experience doing remodels and renovations as I have had to do this to make apartments and houses tenant ready.I also have experience designing for an upscale look since most of my renovations have been hgtv worthyMy question is how do I lessen that learning curve.

We have inherited 2 tenants with the property we are closing on today.  

I am currently a 42.5% owner of a 3 bed 3 bath home in Santa Clarita, California (Inherited this property).

I feel really comfortable working with short sales, foreclosures, and folks with inherited properties, but distressed properties are definitely in decline right now with the high market prices.

You don't want to inherit this issue