This business has averaged about $105,000 in income and out of that the owner has $40,000 income and a manager/maintenance man making about $30,000 a year.

If you are buying this in an LLC we will need your Articles of Incorporation and Operating Agreement.

None of you would disqualify her for that.What we all care about is the eviction.  14 years is a long time and the man would have been relatively young at the time. 

C'mon man, I think I know a few things...:)Good points on the rest.

You need to incorporate the recommended changes everyone has suggested.  

@Steve Vaughan okay thanks man I’ll try to find out more

@Robert Davis IIIOut of state is a great thing, if you live in California :-)It is defiantly doable, I know many people who have their entire RE portfolio out of state or out of country...Now , with all that said , if this is your first RE investment then for sure you have to visit the area, and get the local insight, plan your trip ahead and have everything lined up:Several "potential" properties that you would consider investing in, tour them real good and grade them for yourself ..When you visit these subject properties make sure to blend in as much as possible with locals , neighbors, mail man and everyone in town that will be happy to discuss and contribute REAL local insight ... at this point I would not take advice from anyone that is talking from position...

Bryce Stewart actually sometimes joins us for our meet-ups so you might meet the man, the myth, the legendary truck vacuumer, if you join us!  

My husband and I started our fix and flip business about two years ago. Although our pace has been somewhat slow to start, we have had great success. We are in the process of growing our business in order to start s...

@Wes Dial Hey man welcome to BP and to the Fort Walton Area.