They were all trapped in their glorious tech and couldn't manage the basic functions of property management.Anyway, avoid.

In either case she’s paid the proper amount of taxes, just shows she owns properties when she doesn’t.

(S)he should have access to a number of insurers and policy types.I checked with Proper and Steadily and both do not allow more than one booking in a house at the same time.I'm wondering if there are any other insurances that do allow it?

The first step is to make sure that you are marketing the property properly and on all platforms.

If it were me I'd pass or do a substantial escrow holdback until you knew if things were properly permitted, etc.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

@Maryann FialdiniDefinitely get an attorney as you want to avoid her claiming she was induced to sign and it was a predatory situationIn the future never give money, pay for anything or take a deed without going through proper peopleYes it’s Monday morning quarterback but it is sound business practice.The only way this will get resolved now is through a lawsuit or cash for keysWhat is she trying to claim btw ?

TIA :)  You can have a great plan but if you can't properly execute it, it won't work.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

The reason I made the move to invest outside of my town was because it would force me to treat it like a business and find a proper PM instead of dealing with handymen and call outs etc.