@Carl RezaThe hardest part is taking the first step of knowing your goals and why you're investing, then doing a deal analysis with your market, assets, budgets, etc.

Offer them owner financing - sometimes you can even have them assume the mortgage (without triggering the due on sales clause) if it is serviced by a third party.

I did have one near downtown that I sold as that crowd was a pain, lots of parties and difficult guests.

Doorvest will not take fees if place is vacant, so both parties have the interest to get the tenant fast.

A contract is just an agreement between parties.

The scariest part is taking on debt at 75% LTV and less than 10% of BAM's money is in the deal.

The gist of it is that when you dispose of your entire interest in a passive activity in a fully taxable (as opposed to a tax-deferred) transaction to a non-related party, i.e., selling a non-grouped rental property in a taxable sale to a non-related party, both current and suspended passive activity losses generated by that activity can be deducted. 

The benefit of a permit and inspections is to have an independent party verify work. 

Then get photos and get third party verification that everything was done right prior to making your final payment to the contractor.

@Anna PugolovkoI'm afraid you're way too late to the party.