If you have a loan will you be refinancing it to a commercial loan with the LLC as the borrower?

You can also try FB for PMLs but a lot of those seem to be scammers. 

To me at my current knowledge level, this deal only works if taking over the loan - to limit the out of pocket money to acquire the property since the outside reno and new septic would take up the bulk of rehab costs. 

Hey Rashad I'm happy to connect with you if you'd still like to discuss this post.

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.

Investment Info:Large multi-family (5+ units) buy & hold investment in Flagler Beach.

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.

You can also make your place more trouble-free by fixing things up front that are most likely to break (new light fixtures, light bulbs, door locks, etc.).

For a more comprehensive look at the Las Vegas investment market, please DM me for a link to our blog.

After that, we are looking to buy maybe 1 or 2 more SFH this year.