If you don’t want to spend money I’m pretty sure you could get someone to grade the surrounding dirt and add some gutters for your $5k discount and gain you will have added value and come out ahead.

The other heirs did not agree to the sale.

If you ever want to get into a tenant nightmare of costly potential litigation become a landlord, have the ac go out in Phoenix in July, and inform the tenant that you just don’t have the funds to replace it!.    

Happy to go through some details on that if that'd be helpful.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $178,000

Cash invested: $10,000

primary home own use has an Airbnb/ short term rental 5 months out the year/sometim...

Outside of West Oakland, what areas would you say are likely to go up in value over time - what pockets/neighborhoods are you looking at?

What is the reasoning behind your desire to re-title to an LLC?

@Mark Towey I don't "farm" areas personally, it doesn't really fit the niche I'm personally going after, but what I have heard from some major agents in my market lately is that farming is not near as productive as it used to. 

We had to place the tests in every unit and then re-collect them a few days later. 

I'm going to be taking some time to get to know people in my market as I kind of want to start local in Las Vegas.