Neal Richardson I applaud you for the work you are undertaking with these students and I hope your program is wildly successful.

It then had to undertake an eviction action against the people living at the property which was completed in November. 

I may need to adjust my desired profit slightly downward, to have an offer accepted; however, I will never undertake a project where the desired profit is less than $20,000.

When applied, and ceteris paribus,  I almost always become one of the best at whatever endeavor I undertake.

You still retain the ability to export the data to your next phase of ownership, and have a nice graphical tool to show you where you are in the process.If you don't have a (post-purchase) management solution in place, I'd be happy to talk with you about that some other time.

You should seek counsel prior to undertaking any action. 

I am beginning to undertake the formulation of a property management company in St.

The key words are "not materially involved"With rentals, this passive income idea becomes illusive as the mere management of it can become a big undertaking.

Of course, I am not referring to non-performing note investing which I would not advise a new investor to undertake. 

This is a possible large undertaking so looking for experience and/or advice.