I gave him the name and number of a quality realtor and an attorney who would give him a free consultation.   86 years old senile man should hire an attorney to assist him and not sign any papers on his own.

To thrive in real estate investing, you must maintain a firm grip on your finances.

The property should be clean, functional, and safe.A well-maintained property attracts higher-quality renters that will pay more, stay longer, and take better care of the home.

They prevent bedbugs from entering or escaping mattresses.Routine Inspections: Regularly check mattresses, bed frames, and furniture for signs of bedbugs (small black spots, eggs, or live bugs).Furniture Choice: Choose furniture with metal or plastic legs instead of wood, as bedbugs are less likely to infest non-porous surfaces.Bedbug Traps: Place bedbug traps under bedposts and other furniture legs to catch any potential bedbugs before they become a problem.Professional Cleaning: Schedule routine deep cleans between guest stays, and if you ever suspect bedbugs, hire a pest control professional immediately.Clear Guidelines: Educate your cleaning staff on how to spot bedbugs early, and encourage them to report any signs immediately.These steps will help you set up a smooth, well-managed STR that’s ready to generate revenue while maintaining a good relationship with your LTR tenants.

Regularly review your property's performance, and if the ROE dips, explore ways to extract and reinvest the equity to maintain your investment momentum. 

Hi friends,I have a vacant, well-maintained carpeted property that I am marketing.Since 70% of tenants are pet owners, I feel that I am missing out on a large market.However, I also don't want the hassle to completely replace my carpet after a tenant with pets moves out.

Therefore, if you have a variable interest rate mortgage, you must budget for fluctuations in the financial market.Maintenance & repairsBudgeting maintenance costs is vital to maintaining healthy cash flow.

@Greg Dickerson hit the nail on the head with respect to the fund of funds.To add to this, what I suggest is that you approach this issue from the soft side, which means building and maintaining strong relationships with your investors because, at the end of the day, they are your investors.

The goal is to achieve and maintain financial freedom.

Do these companies typically have 3rd party services/placement agency/some function in HR to provide relocation assistance to a new/relocating employee (within the US or international).