It sucks but it'll fast track your understanding of how to operate a real estate portfolio (it's hard to hire a good PM if you don't understand the full extent of what their job entails)Deal #'s: $411k purchase price, 20% down conventional loan, $4400 gross rents / mo, maybe $5k in rehab.

You have a number of expectations of them that should be non-negotiable - pay on time all the time, don't damage the property, abide by the rules of the lease, etc - things that you don't get into with a "one and done" transaction that most business entails. 

We try to be the best landlords as possible and work as professional as the job entails.

The owner asked for details and what it entails. 

(and all that entails).

I have done some digging on the process and what it entails.

No idea what that entails, but I heard he had to hire an architect to get it fixed. 

Wholesaling entails MOSTLY marketing and chasing which is where it becomes expensive and time consuming.

The cheapest possible approach, my contractor told me, was to install what's called a Rockwell egress which would entail replacing the entire rear wall, but also installing a new egress door which I figured would be a good thing when in the future we would need to move big system objects typically found in a basement in and out.

You can change just about anything in a house, but you cannot change the location or the people in it.Call the city or go to their website and find out what the annual inspection entails.