I have a contract for deed right now where I am getting fined on a daily basis because borrower has junk in the yard and I keep getting fined because I am on title but I have no way of cleaning it up as I cannotNow say I own other assets in that county I will.

@Cartus AikensAlso as far as research on the history of the property; I work with these documents everyday as a landman.

Reach out if you have more random questions, I handle rental listings too on a case by case basis. 

On an individual house basis it can be tricky the key is scaling so as the post above states one tenant can wipe years of profits.  

Chris, this is one of the VERY few times we disagree - my experience has been that commercial property investment can be more profitable than residential on a continuing basis.  

A basis for this is tax court case Rogerson v.

This is an inherited property would like to have that sale considered establishing the new tax basis. it sold on 1/12/2022 if that makes a difference.

Love the unit mix, and the fact that your basis is low.Gino

As I stated, I'm sure people are doing it and this happens every day. 

They will have to manage whatever you buy on a daily basis until you sell the property or terminate them.