Negotiating the sales price, getting the property under contract, understanding the sales process, digesting the inspection report and negotiating around that, etc. is where having someone with expertise on your side will come in very handy.

Most people don't, that is not my expertise, I count on my broker to be the expert and to give me what I need that is reasonable.  

With your boyfriend working for a builder/investor, you might have access to some insider opportunities.Working with your boyfriend’s expertise and connections is a huge advantage, especially for managing upgrades and potentially cutting costs on labor or materials.The $45K Home: Keeping the inherited property with the $45k balance as-is until Year 3 is a wise decision.

For this topic it is outside of my realm of expertise.

That typically happens when the agent gets a lead that's either outside his area of expertise or outside of his geographical coverage area.A mortgage broker can only pay you a referral fee is you sent him a real estate buyer or seller and that mortgage broker, working under his real estate (not mortgage) license completes a purchase or sale with that client. 

You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

I'm looking for savvy friends and I'm sure I can also give you tips about stuff in my domain of expertise.

Your expertise can make a big difference!

Sean, I have some deep domain expertise here.For starters, I own 12-doors in Detroit (from California).

The new wholesaler, while well-intentioned, caused all of this by trying to broker a deal on the internet with no experience, by not vetting the title company to make sure they were real, by not knowing what they were doing, and by tying up that seller's property with no plan or expertise to get it sold.