Oregon has officially declared war on rental-property owners.

Put yourself in the shoes of an investor: is the property in a good market?

There’s a big advantage to naming 3 or less replacement properties in regards to 1031 rules.

Self managing multiple rbr properties can be very challenging unless you're @Jeff White!

Cutting to the meat of the situation, I came across a property that looked like a fixer upper, typical investment grade property.

You may need to seek legal counsel on this.2) Get all the info about your rental property as possible: leases, rent ledgers, tenant contact info, etc.3) Start looking for a new PMC4) Execute your termination notice5) Once transfer is complete, circle back to decide if worth suing them.

New business seeking first investment rental in Indianapolis and south of Indianapolis.  Looking forward to learning from the BiggerPockets information and members.  

It's a lot easier/quicker provided the numbers work for the property.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $255,523

Cash invested: $24,000

How did you finance this deal?
Va loan

The challenge is knowing if the listing agent actually tells your offer to the seller or not.For example, if a distressed property is $650k and you want to offer $620k, the listing agent says the lowest the seller may accept is $645k, but is that actually true or made up because the listing agent wants their commission?