Hi, As a property manager (based in Chicago), I have to say the screening process is paramount, because its the start of your relationship with various prospects.

I'll double check demographics and include in my decision making process. 

When we get farther into this process, I will absolutely ask to see all the leases and proof of payment history for the current tenants. 

My guess is You will need to go through a foreclosure process in this situation as a legal remedy.

Also, we have a team of fifteen employees now, with processes and systems to scale.Given my track record and ambitious goals, I'm exploring ways to attract investors for fix-and-flip projects and rental property investments.

It was my first time stepping through the motions of a property auction and it was still a great learning experience, despite missing a technical deadline and not being able to bid on any properties.I am now in the process of closing on a FSBO listed duplex that's a better deal in comparison to most of the properties that sold in the area during the auction, so it all worked out in the end.

No one talks about it because they talk about the process, the asset, and the numbers (all relevant), but all you do is focus on the spreadsheet and the photos; you will miss the issue.

This can be particularly advantageous as you’re learning the ropes and gaining experience.On the other hand, the BRRRR strategy—Buy, Rehab, Rent, Refinance, Repeat—can be a great way to build wealth and leverage your investments once you’re more comfortable with the process.

I purchased a SFH in 2022 that I'm in the process of turning into two units with the intent to rent out one of them while continuing to live in the other.

While I manage my expenses responsibly, I don’t have a significant amount of capital leftover each month to invest in holding properties or funding larger ventures.That’s why I’ve been exploring wholesaling as a potential entry point into real estate—it seems like a feasible way to build up the necessary capital while learning more about the market and the process.