They have offered to do property management but I have chosen a PM of my choice to oversee repairs and manage it for me.

If you are taking uncalculated risks then it is simply gambling or betting. 

If I'd been doing this longer, and could afford to lose a little money; I would definitely take a gamble on this one.

However, I have just recently relocated and have chosen to adopt my techniques to best serve the area.

The postcard could hypnotically suggest that there is a greater problem that you can solve, but it will not directly implicate them as having a problem, as they have been chosen randomly due to the fact that they have property.The advantage to you would be the cost, and since your belt is not quite as tight anymore you could spend more cash to get in front of more eyes.

Appraisers chose a 9% cap rate and didn't justify why that was chosen.

We've chosen to simply dissolve the company altogether.  

After 6 months into a 12 month lease he asked my p/m about the possibility of breaking his lease because he had to move back to Masachusetts, he was informed that if he had the property in  rent ready condition and allowed showings that once a qualified tenant was chosen to replace him that he would only be charged rent until the new tenants moved in and that he would get back his security deposit.

Account Closedjust tell your friend that flipping is a gamble, and never gamble more than you can afford to lose. sounds like amateur in the deep end of the pool. needs to learn in the kiddie pool first.Terry Lao

I'm feeling lucky, would buy a lottery ticket, but gambling without free drinks just feels wrong.