And, even if he has real estate clients, doing a tax return doesn't really educate one.

You need to understand how to drive the Net Operating Income to produce a good solid return. 

If these are new cash buyers you’ve never worked with before, or you are using someone else’s list, then you need to include a NON-REFUNDABLE Earnest Money Deposit in your assignment contract.

I've been through situations like this.Hopefully the family pays rent and this becomes a non-issue.If they don't pay the rent, you need to be understanding and kind, but firm.  

In general I have unfortunately never gotten much return on any social media marketing. 

Many of which are savvy BP type clients who are doing updates/raising rents and then the buildings do cashflow positive even with lower down payments which produce amazing returns (at 3.5-5% down you get close to a 50%+ return a year just off mortgage paydown). 

Your thought to move that portfolio out of state (and maybe a retirement move to a non-taxed state) would be very timely right now. 

These are non-standard setups.

We always give a 60-day non-renewal when they are an annual tenant.

On 12/19/2024, we sold it for $99,000, securing a great return.