But bottom line: January rent is due to you provided the tenants were informed of the sale on or prior to closing. 

Another thing is the insurance is sent to the bank from your insurance provider and the seller should never be needed as long as the documentation has been completed correctly.This is why you must vet the law and title office you are closing with to make sure they know how to handle these transactions. 

I want to go the buy-and-hold route, and I am interested in finding a duplex that will provide a steady cash flow, a high appreciation value and does not need renovations.

From what I can tell, the extra equity on the house could be utilized to provide better ROI.  

If you want more detailed advice, I can provide it.You BEST option is to contact a bankruptcy attorney and find out your other options.

Then the remaining profits get distributed at whatever split you both agree to...I often see it start at 25/75 (75 to the person in your position) and then maybe increase it to 40/60 or 50/50.It would really help if you could provide some numbers on your deal. 

As a broker, I can provide insights on the best undervalued properties in the Charlotte area and connect you with Compass’s tools that streamline the renovation and resale process.Let’s connect and discuss how to make your next BRRR deal smoother and more profitable.

And that's how it can work to provide more then amply assignments, via public/private partnerships.

As a property manager, it's crucial to understand the nuances of these fraudulent practices, recognize the signs, and implement strategies to mitigate risks effectively.Understanding Rental Application FraudRental application fraud occurs when a prospective tenant provides false information on their rental application in an attempt to secure a lease.

It is our position this should be disclosed and more information be provided.