You are not in a financial position to fund a long drawn out legal battle nor pay a significant retainer to an attorney3.

We retain late fees when residents pay late not only because of additional work required (which may include verbal abuse from the resident for charging them the fee), but because it rarely has an impact on our client.If a resident pays late, we require the resident to pay with certified funds.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

This supply constraint, coupled with steady demand, is expected to drive rent growth in the coming months.Capital Markets and Valuations: U.S. multifamily transaction volumes reached $38 billion in Q2, signaling a thaw in capital markets.

A landscape contractor that specializes in retaining walls can replace a resting wall if you have one that I don’t see in the photo.

My goal is to purchase a small multi-family property with an FHA loan that I can self-manage while retaining my day job as a software engineer.I have been causally reading books, listening to podcasts, and self-educating on personal finance and different asset classes for the last 2 years before finally deciding on real estate; but I still feel like I do not know enough to go at it alone.

Many of them will jump into property management, thinking they can retain clients and earn some easy money by collecting rent checks.

Recommendations include moving the patio away from the house and adding a retaining wall.Other considerations:I already have a team in place locally to manage the property and handle repairsI visit the area biannuallyThere’s another couple interested in the property and supposedly making an offer.I haven’t secured preapproval for a loan yetMy credit union only services Oregon/Washington, so I can’t use them for a loanI’m unsure about the process of buying an investment property from out of state, as a first time home buyer, especially since I don’t plan to live in the property myselfWhat I’d like to know:Does this seem like a solid investment opportunity?

They retain your membership interest in the LLC. 

But I would not waste the money on that unless you need to retain them for an eviction.