It's what's called an IN REM foreclosure, so the estate would not be on the hook for anything else.  

Those cost in terms of lost rent, but also cleaning out the stuff that was left behind.If your place is managed by a PM, expect a 1 month vacancy (only once I have had no vacancy with my PM manage places, and once I had 2 months as they messed up and held it for a person-friend of the owner-who didn't put down a deposit and then they dropped the ball). 

Now dont get me wrong purchasing power is something else all together.

What are some careers paths or jobs that allow me to pick up experience that will help in real estate investing while working for someone else? 

Can they sell their share to someone else?

Nope, I unfortunately already filled up my conference quota for the year - must have been somebody else!

As I go through the trainwreck of the new Cleveland Rental Registration Process, I wanted to help everyone else out and create a guide.

Also adding in here for anyone else viewing that we would need to consider the possibility of the IRS classifying this as a second home versus an investment property and disallowing any potential 1031 exchange due to allowing a family member to use the home rent-free.There are safe harbors to qualify for a 1031 exchange.

Otherwise you'll just end up where everybody else is, and there's no money there. 

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