Lose the anger and emotion.

I know about the value of information of this site, they even have articles on business plans, which made me dig deeper here.

What Karen Mikolainis said - if you put it all down into a spreadsheet, I think you may find that renting where you NEED to live and investing where you WANT to may make the best sense - and will more than cover up the need to pay for the services of a good property manager and others - if you follow the deals to where the money is.Also, being remote will free you from being emotionally and time-wise consumed in management of your property/ies.I second that.

You don't know if they are alive or dead, have mental capacity or not, incarcerated, drug/alcohol problems or severe mental and emotional problems.

I as well note the disadvantages of all cash but for this particular situation it made sense.Anyway, I am really excited about this deal and I know emotions should never be present in real estate investment but I can't seem to not be anxious to start.I'd like to send out a huge thank you to you guys because this is a wonderful community full of really great knowledge.

Patrick -First, this is a mathematical issue, not an emotional one.

The turnkey providers could list on the MLS and sell to primary homebuyers, probably for more money if they wanted, but the problem with primary homebuyers is they need a lot of hand-holding, it's not about the numbers, it's about emotions, they can take forever, they all usually need conventional financing which takes forever, etc.

The reports i can get right now only go back to the 70's as far as owner history goes however i want to go deeper, all the way back to the 1800s if i can.If the title is good i'll send out my first yellow letter and cross my fingers.

The duplex holds some emotional attachment as it is my grandmother's home were we grew up in.

Sometimes people make emotional decisions.