While the property is in a smaller town, it’s relatively close to a larger city, which I think adds a lot of potential for attracting both short-term guests and long-term tenants.The motel has fewer than 16 rooms, and the nightly rates are extremely competitive for the area.

Hi all, my LTR (Boston, built in the 1930's) has some cracks in the basement walls that I didn't think were too serious (owned for 10y, some water and flaking but mostly dry).

Recent solds are pushing $328/sf up to $413/sf for houses nearby that are built in the 1980's...

We bought a home built in 1900, insurance water damage coverage is 10% of the dwelling limit. 

I, too, suggest having your bank account with a bank that is popular and easy to access in your tenants' town.

Since we're In a college town, a majority of our travel demand revolves around the Texas A&M University and the university's events.

Whether you are a wholesaler or a realtor, it is your responsibility, especially for out of town buyers who cannot see the property in person and in these situations where you are not allowing inspections, to be very clear, thorough, honest, and forthcoming in your communications.

True the new owner will have to start his own account, but he should have a built-in revenue stream from repeat guess that will search for that property by address.

Call the town and ask what they have on the town card for bedrooms and bathrooms.

I called every bank in my town (9 I believe) and got one financial officer to admit this is exactly how this works.