Then fine tune your research of each stage to reflect what your current comfort level is and what your goal is.

Whilst any assessment cannot be final at this stage it seems we have incurred ceiling damage to units 17 and 18.Terry has instructed Mr Cox to commence repairs immediately and keep a tab on expenses for a possible insurance claim.We feel sure you will agree that the priority is to get our tenants rehoused without any avoidable delay.

A bad relationship with one of these folks can really put a damper on your projects - take control - you are the final decision maker when it comes to spending your money to make money.Never give a deposit up front - pay contractor in stages as work is progressing.

I'd be interested to know why the seller is selling at this stage, how long have they owned and whether or not the business is on a downturn.  

-Do you do your own staging when flips or rentals are complete?

I cannot renovate with a tenant in because at this stage, once I rip into one piece it will lead to a cascade of issues.

At any rate, we are in the first stage of the process and don't need to do anything until one of the parties escalates the situation.Adam: thanks for your reply.

I have respect in the marketplace and because I stage and professionally photogragh my listings, I get showings...and offers.

I am excited to be at the stage I am at where I feel ready to start trying to put in offers on small multi-family housing units to generate capital and long-term wealth!  

If you're in a very competitive market you may want to get the house staged (filled with furniture) for marketing purposes.If you must list it in such a way as to disclose the address (for example you list it with an agent as a rental) please spend the extra $15-20 bucks to install a simplisafe alarm system: this is an inexpensive alarm system that works over 3G cellular networks.