The owner is out of town and he got burned by the third party (they took off with rent, records, etc.) he tried using as management.

Talking with a friend at a "boutique Brokerage" they were burning though $34k per month on JUST marketing spend.

Your two biggest risks are underinsurance and liabililty.I had a cabin burn to the ground a few years ago in the Gatlinburg fire. 

But what you do when you just start out, with lots of options out there (that come with risks to burn a lot of cash really fast, when you shouldn't do it)?

The potential consequence of this misuse is a grease fire that could potentially burn my unit or the entire building down.I have reported this issue to the city multiple times, contacted my condo association, and sent emails to my alderman, but all my efforts have led to nothing.

Hey Austin, what about the HVAC company is burning you out?

Thanks,Marko Hey Marko, I like the duneland area a lot (Chesterton, Porter, Burns Harbor).

I have 200k equity in my primary residence that is burning a hole in my pockets. 

"Since you’ve offered the $300.00, honor it"That I believe is a mistake, they burned that offer when they got greedy.

The seller gets to remove the burned of the monthly note while the investor takes a whatever equity is on the home, turns around and can cashflow if numbers work.