I cannot renovate with a tenant in because at this stage, once I rip into one piece it will lead to a cascade of issues.

At any rate, we are in the first stage of the process and don't need to do anything until one of the parties escalates the situation.Adam: thanks for your reply.

I have respect in the marketplace and because I stage and professionally photogragh my listings, I get showings...and offers.

I would be willing to arrange things with someone else's help if people are interested PM me or post here :) 

I am excited to be at the stage I am at where I feel ready to start trying to put in offers on small multi-family housing units to generate capital and long-term wealth!  

If you're in a very competitive market you may want to get the house staged (filled with furniture) for marketing purposes.If you must list it in such a way as to disclose the address (for example you list it with an agent as a rental) please spend the extra $15-20 bucks to install a simplisafe alarm system: this is an inexpensive alarm system that works over 3G cellular networks.

They are highly illiquid and low quality assets that take a high touch to perform.Instead of buying a 50k house for cash why not buy a 200k house in a nicer area  stage 0 of a new home subdivision.

Here is a suggestion for real estate investors flippers using QuickBooks-You should have four main stages in QuickBooks as Class:- Leads- Rehab- Sold- Overhead expensesKeep track of each property expenses immaterial you buy or do not close the lead.As each property progresses in the stage, change the subclass of the property.

Do not agree to any arrangements including paying for a new ac until you speak to your lawyer 

If you are selling property, there is a lot that goes into it including marketing, staging, planning the open house and the legal aspects.