.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.

But, this being a larger syndicator they do have professionally made presentations and due diligence documents for you to look through.

Focus on key areas first (like floors, walls, kitchen, or bathroom), which may help you handle the costs more gradually, even if it means moving in furniture or updating fixtures down the line.Also, since the tenant left it in rough shape, be sure to document all the damage (photos, receipts) in case you decide to pursue reimbursement through their security deposit or in court.

It's crucial that this allocation is reasonable and well-documented to withstand IRS scrutiny.

(should have documented, dates may not be exact) What made you interested in investing in this type of deal?

Also being able to write down/document goals I set earlier and see if they are being hit.

You don't even check for these types of Tenants!!!"

If you bite on investing they in the past and maybe now send you documents with an address in Wyoming. 

Here are some key elements to include:Lease Agreements: Ensure your contracts reflect the latest laws, such as notice periods for entry or rules around security deposits.Fair Housing Compliance: Familiarize yourself with federal, state, and local fair housing laws to avoid discriminatory practices.Property Standards: Regularly inspect your properties to ensure they meet safety and habitability standards.Tax Documentation: Keep accurate records to comply with tax reporting requirements.4.

Also be sure your PM is documenting everything if you already started demo and rehab.