If buying a 50k house needing 25k in rehab ( consider there is an automatic 10% to 20% added as a contingency reserve to base budget to protect you from expensive surprises once you start rehab).

This doesn't even include holding costs.I understand you are putting sweat equity but those numbers are tight..If you build you need to automatically profit on equity or else it's pointless.. usually 20% to make it worthwhileGood luck

If you read the "Truth in Renting" you'll see that any lease automatically renews as a MtM in absence of a new lease. 

Set up any automatic draft from your checking account for future HOA fees.

It may not be as glamorous, but it has opportunities that many people miss.If you let me know what you are looking for I can set up a search in ARMLS that will automatically email you listings that meet your criteria, and any updates like price reductions, as soon as they are entered into the MLS.

If the tenant responds, do we automatically receive a court date?

Do you have automatic emails sent to you from MLS?

It’s just one of those “oops” that I deal with daily in contracting and have to not let it get to me.As far as the realtor mentioning that they removed insulation, and I assume replaced it.....of course they did, there was a leak, a leak automatically means there was water, but not necessarily mold.

@Michelle LaRue When you receive the certificate, you will automatically be listed as a “certificate holder”.

Expenses automatically to 50%, because assume that you cannot run the property any better than what the current owner is doing, and it being your first property there will probably be some hiccups.