Hey Hima,First off, respect for your determination to turn things around.

I turned everything over to him. 

It's turned into a money pit, but at the same time it's on a beautiful .90 acres with a view of the mountains and a pool that I had remodeled.

This might turn out to be a good approach.   

I know one-sided relationships usually don't last, but given my lack of experience I doubt I can be much of a value-add friend - unless you're looking for insider tips on how NOT to do some things :)  So you folks with more experience, let me know what kinds of things turn you up or down when it comes to newcomers.

On my end, I would never purchase a property that won't produce at lease 1k in net cash flow, and it must be in a desirable area that is expected to appreciate.

Hi Everyone, Im looking to get some advice on evicting a former owner who isn’t playing ball after a foreclosure sale.I purchased the Property on the 5th November, it appeared to be empty but turned out to be occupied.

Yes, when bad things happen its a great time to be look at how you planned and prepped to be able to handle those things and feel GOOD that you were able to manage things such that they are turning out BETTER than you planned for on average.

Scott I did this a few years ago and Zach who you know turned me on to doctors offices So thats what we bought..

@Lucas Schlund not seeing oversaturation in Metro Detroit, but there is some up in the Traverse City area - which implemented STR controls.Yes, it's always a good idea to buy an STR property that you can at least break-even if you have to turn into an LTR.