But we also added lease options to our model which attracted a better tenant and lessened the the amount of work that it took to manage the lease option properties.So I would encourage you consider investing in your own back yard before going out of state, especially if you live in North Carolina. 

A couple of things happened in the last few months including a lump sum pay out for a retirement from a company for whom I previously worked and I inherited a modest sum unexpectedly. 

I had a tenant that wanted to renew a lease, but only for 6 months - which would have left us in the middle of January (in Michigan :) Apparently they may inherit a somewhat run down house, and wanted to keep their options open.

I am currently living in Houston, TX and have experience with rental properties and flips in this market, but I am inheriting an older home in Greenfield, Indianapolis. 

This means there's not really an incentive to buy another house to be able to still be established here in Italy, since it's entirely possible she will inherit it later. 

I’ve used seller financing as both a buyer and a seller and it can make a lot of sense in certain circumstances (for example I used it as a buyer when I reached the maximum number of conventional loans I could get, and I’ve used it as a seller to both increase my net proceeds (due to collecting interest as “the bank” in addition to the sales proceeds) and to lessen my capital gains tax hit by spreading it out over a few years).

I think there is something to gain from this in explaining that, yes, they may use it, but there is inherit risk with using it. 

Hi, 3 siblings inherited a property in Los Angeles earlier this year.

The the transition was seamless and since I know the tenants already had to pass their screening process, I was not concerned about inheriting these tenants.

Did you inherit this property and become and accidental landlord?