I sold 4 cheap rentals in Gulfport/Buloxi this past year because I got sick of the hurricanes and carrying insurance pretty much eliminated almost all cashflow. 

The idea is not to get in touch with heirs, but to build relationship with probate attorneys that can refer heirs that in the process of inheriting a real property.In case they are not looking to get Realtors involved and carry holding cost, they can sell it quickly for cash to investors like myself. 

STR-zoned areas are available but are few, and most are condos which carry high monthly fees that significantly offset revenues.

.: Flying out of state to do the work and carried tools - guilty as charged!

You respond to reasonable repair requests in a timely manner and carry out your responsibilities with regards to maintenance and rules of tenancy.

If its less then I will have to carry the remainder of the loan and possibly be forced to pay it in full as well (or switch it to a personal loan since theres nothing to take back if I default). 

Sell for $400k, he'll carry $100k of that interest only, and gift 10k/year for 10 years.I really don't want to pass this up, but putting in the amount of money needed for a tiny bit of cash flow, or losing money each month for a couple years would risk running out of money and pushing me back to a regular job.Would you pass on it? 

Project like this is a year at least right. cost to sell and carrying costs land at todays HM rate 12 % thats 120k commish                                       200k so maybe net 750K or you think you accounted for those in the  2 million ?

The culminating event was when my PM said they wanted a concealed carry to tour my rental with me.

He doesn't do it often enough to justify a shock collar and carrying a remote all day.