Last week I finished foreclosing on four properties. 

Once you purchase the property, you can look into doing a cash out refi to pay off the HELOC balance. 

Hi Terry, I'm curious who you went with to manage your new property.

Hey everyone,I am curious how different property managers handle maintenance requests.

I have over a hundred rental units I own and operate in Utah everything from homes and condos to larger multifamily.Salt Lake County has higher property taxes and is basically built out already and Ogden even though you can find good opportunities in the long run it won't be able to compete with South Utah County or Eagle Mountain. 

After a year or so they then sell the property and do a 1031 exchange. 

My elderly grandfather owned a two-family home in the area, but over the years, the property had fallen into neglect.

In my area specifically most investment type property listings are properties that were purchased 1 to 2 years ago.

I run Blaze Real Estate a property management company in Amarillo.

Regarding the property condition, thats on the inspection report and hopefully you went through it with a fine tooth comb.