Did you write off those special assessments in 2010 and 2012? 

Hey everyone,I'm in the process of purchasing a multi-family apartment building and just discovered none of the current tenants have any kind of move-in inspection. 

Remember, in this model, you are planning on holding on to these properties as rentals so pay now in quality, or pay later in headaches and repair costs.

Sounds like a good deal, congrats Scott!

My plan is to sell my primary home in New York and purchase a house to live in South Carolina.

I has two GREAT property managers that immediately come to mind, one handling 5 high end high rise condos I owned in Phoenix and the other one handling a 12 unit very lower end apartment building I owned in Arlington, Texas.  

To thrive in real estate investing, you must maintain a firm grip on your finances.

It was the worst house in the best location. 5 acres just above a lake outside of a desired town.

Purchase price: $90,000 Cash invested: $15,000 What made you interested in investing in this type of deal?

I can't speak to the condo conversion process in your municipality this is something to weigh as well.