With careful planning and local insights, Richmond can be a solid addition to your investment portfolio.Good luck!

Regards,Colby  Hello @Colby Burns I'm a local Realtor (Fort Worth).

Eventually I want to get into single family and multi family rentals.As far as effort or work on the fixers;  my brother in law is quite handy and my next door neighbor has said he would help in anything that is out of my scope of expertise. 

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

This deal came through Partner Driven's local network in Windsor, NC.

What's the zoning on the property and do you have a relationship or contact with the local rep? 

I write and call my local and state political representatives weekly about this.

Are you considering expanding locally or branching out to other areas?

Hello Doug, I am not a real estate attorney nor is this legal advice.Unless someone's state has specific laws banning contract assignments you should be fine doing the following.  

Also, ensure you're compliant with New York's security deposit laws, which cap deposits at one month's rent.