I found out an interesting deal for out of state investment as I am in CA,as I started to look around I found out OK has a great and stable economyand because of oil findings there are many jobs and opportunities out there including lots of new construction.Please comment on this dealBrand new, not yet build - 270k duplexbuilder warranties3bd 2ba 2 car garage each door1st year HOA is waived, subsequent year is 150 per mo. with amenities gym, cut grass, etcestimated rent 2300 per mo.Property management charges 7% mo. and 700 for 1st mo. rentGreat location, quiet street, 20 min from OKCIts surrounded by mostly sfr 150k+ Deal or no Deal?

I am guessing that your particular situation merely involves a sale of property and then a subsequent purchase of property, which will not qualify for 1031 Exchange treatment.Your tax advisor would likely be putting his or her license on the line by trying to report this as a 1031 Exchange transaction, unless any of the appropriate documentation was put in place.

This will prevent you from sending the subsequent mailings to the incorrect addresses.

If you have a great working relationship it will make it that much easier to add subsequent properties while still remaining (largely) hands-off.  

Just follow the links to the subsequent parts.

In short, I'd estimate more than $1,500 to get it rent-ready for the subsequent year.  

However, as in Maura's case, once you have a track record, subsequent ones will most likely be doable.  

I had a property manager who took a bad check and never even informed me until 2 months later after the fact of this problem with tenants who subsequently created an nusaince deliberately flushing rags and excess tampons down the drain, complaining about mold, refusing to let in the plummer, threatening my manager etc...

For example, if you can do a ten-year lease option on a property (unlikely) then you can subsequently do a one year lease-option to your tenant-buyer like 10 times.

We've found that most of the landlord owners that we deal with don't want us to let their tenant know that they're trying to sell the house for obvious reasons.They tell us to tell the tenants that we're insurance agents, and the whole nine, to keep from alarming the tenants.This can become an issue, as with each subsequent time that we have to show up at the property for a showing, the tenant gets more and more suspicious...Either that, or they get increasingly more and more harder to work with to schedule showings, etc.What do you do to make things go at least as smooth as possible in these situations?