Older sister lived in Lawrence.  

Yeah...sometimes it's days before my sister even responds to texts from me, and she loves me!!!  

Yeah, not a happy thought.I'm certainly going to be involved in the insurance issue on the next set of houses (my sister-in-law and husband are overseeing this rehab business while I work a day job and harp on business and tax issues).BTW if anyone in MO wants to chat about investing there I'd be interested.

My sister has been a landlord for 30 years and just got 10 vacancies in one month.

My wife and sister-in-law inherited a home when their mother passed away.The home has been on the market for about a month in a "as is" basis,with no viable offers to this point.I am making cosmetic repairs and have estimates for the larger issues,roof and plaster.My choice is to pull it off the market,make all repairs,paint,carpet,so on,and put it back at a higher price,I would have to get a loan on its equity(it is paid off)to pay for this.My other thought was to try and get as much equity out as allowed,pay off the sister-in-law,take our share and pay some bills off,then rent the house out.Iam kind of going in circles thinking which way to go and would appreciate your thoughts on what options are the most profitable,thanks.

I bought a house for my little sister and her fiance to live in.

My sister had a 6 day old tenant sniff (really) mold and bring in her personal mold inspector to assess the situation.

I kept my head up, didnt listen to what anyone said - and when i got to the end, victory was just that much sweeter.I am now looking for a deal to do with my dad (he actually agreed to finance it), my mother has since become my own mortgage broker, and my sister does my marketing for me.I now have a new goal - to become an investor.

My only consideration for becoming licensed is that my fiancee's mother and sister are both licensed agents and do very well, only as you said they, like so many others do not invest.

Most handle Due Dilligence through BPO and Asset Management firms, though some have an REO dept. or sister entity.