Won't even go into the water quality, how clean the natural gas is, temp settings or voltage surges.I don't know how many members here manage or oversee more than 1,200 units, but preventive maintenance is necessary to reduce costs, especially with collateral damage from an element failing.

In America, natural gas is plentiful and cheap.

Good point Chris.Also just saying the partner gets money for the next property or we get money for the work we do.....better see your attorney.Lack of specifics in spelling everything out causes problems in a partnership.It's human nature to start thinking that one partner is doing more work than another.

I am not new to real estate, but I am new to the area and would love to pick a seasoned agent or investor's brain in exchange for some light office work or something of that nature.

The section 8 tenant was resigned for another year due to nature of the tenant.Roof and chimney was redone in 2009, new gutters installed.Plumbing was replaced in 2009 (main stack and drain)forced hot air furnaces for 1st and 2nd floors - 2004Electrice baseboard for 3rd floorall hot water heaters replaced within the last 6 yearsEveryone is up to date on rent, and he is willing to provide me with signed statements for verification.

Do I need to find an investor friendly mortgage company here in Indy that deals with creative financing and deals of this nature?

More people just naturally causes more wear and tear.

But if it is destroyed by natural causes or a tenant then you can rebuild it as it is currently taxed.

And if the executor is dragging their feet (grief, confusion, etc.) any other heir can quickly file for executorship, and get it simply based on the other sitting on rights that will harm natural heirs.

I naturally stayed close contact with him to see how things were going, then I drove to where he lived (4 hours away) to actually have a look at things, mainly b/c he wanted me to lend him the money to fix up a place.He got a home for $30k, comps in the area were going for 80k, he said, and he made the deal as quickly as possible because his whole mentality was getting things as done as fast as lightning.