Quote from @Brittany Kelly: I keep reading mixed answers about buying homes at auction.

Like in this case, wanting a new home. 

For instance, this happened with a client who set up a Nevada LLC to own a rental property in Illinois.

When a lease ends they’ll suggest new rents and if the tenant hold be offered a renewal. some will offer to transfer utilities for you when it goes vacant, all should handle the transfer when a tenant moves in  With 10 properties I don’t “talk” to my PM more than 2-3 times a year.

We were able to negotiate a buy down on the interest rates. 

Two repairs can often cost as much as a new unit, and manufacturer warranties can be a headache to use.

@Sharon Porter,Investing in a state-controlled property like this can be an opportunity, but it's critical to understand the legal and logistical nuances.

🚨 DISCLAIMER - This post isn’t for you if:❌ You think a vacation rental is just a place to sleep.❌ You furnish with the cheapest finds, not a strategy.❌ You believe all guests are the same and unique design doesn’t really impact revenue.❌ You’re unfamiliar with an analytical approach to design and assume insights like these are just opinions, not proven strategies.❌ You think using emojis means I copied this from somewhere—I’m just a millennial who likes to keep things engaging.BUUUT if you’re an investor who wants to attract high-paying guests, increase your nightly rate, and create a rental that markets itself, keep reading.A question I get A LOT is: “How can I market my vacation rental?” 

In a lot of sections of the house this was a good thing because less drywall work, but there is one room that has old wood paneling that was severely warped.

However, given the fact one is gone and the other is doing their best to cover all the rent, eviction would be a last option.