The flip side of that, is 1) if they're open 24/7, they're probably going to charge a lot2) if they're called out for a $3 plumbing problem, even for non emergency repairs, they'll charge $250, and 3) I need some safeguard from my tenant calling them for frivolous repairs, or from a tenant who is just purposely trying to raise my costs.What suggestions do you have, and how can I find a COMPETENT team of people, who are AVAILABLE when they're needed, and have reasonable rates?

The leading real state books and educators teach the following basic approaches to buy real estate creatively.Some good and some not so good.Later I'll discuss the pros and cons of the best creative financing methods so you can determine which to use for your particular situationLand ContractsOptions, Leases, Options to purchaseAITD's (All inclusive trust deeds or wraps)Seller carry back deeds of trusts/mortgagesTaking subject to the existing financingNot recording the deed, which is dangerous if not properly protectedRecording a memorandum of agreement Trusts:Transfer the property to the sellers trust, get the bank to approve the transfer and then have the beneficiary of the sellers trust changed to the buyer.Just transferring title into the buyers name hoping the lender won't call the loan.Equity shareAny of these will trigger the due on sale clause and as a buyer or seller if you haven't put safeguards in place, you are unprotected against claims against the title from showing up and or the lender calling the loan due.Are you prepared to take the chance that the seller may further encumber the property or resell to someone else?

Mid-low income Tenants are very monthly payment sensitive and anything extra packed in will immediately be considered burdensome to them .

As a turnkey provider, we don't really profit unless we perform and the JV partner is safeguarded as much as possible.

I do ask to be careful of our posts on this topic and be sensitive in our statements.The larger question in this post is : What type of paperwork would this executor of the will or new "owner" be bringing me?

In my early days, I once answered the phone and a friend chided me about how I answered so I've been sensitive to coming across as very professional.

The system's sensitive to spam, make sure to make your messages personal and don't copy/paste them. 

(At this point, I offered to have him added to a phone call that I would start before with a bank representative on the line--to avoid him hearing sensitive account information--and he rejected this proposal: HUGE RED FLAG.

Having my IRA buy out an LLC allows what I think are the two most important things:1) better control over the money, especially when it comes to time sensitive real estate transactions2) reduction in fees from my IRA custodian.

And of course, with all new contractors or handymen doing anything bigger than tightening a screw on a door knob, there are some great ways to safeguard yourself: -Hire top rated workers (Angie's List, Home Advisor, or referrals from other investors or contractors) -Ask for and vet proof of license, bonding (if applicable) and insurance -Get contracts with specific scopes of work, timelines, and payment schedules that match up to completed work.Wow.