If you are inexperienced you can study these prices over time and see what other people are paying.. you can get other quotes but best of all ask for referrals from other investors or realtors that have used that particular contractor...

I don't know what that means, but I'll translate it to, "Cuppa tea?"

There are many people out there who look for inexperienced landlords who won't check up on them, then move in and take advantage, stop paying, move a whole other family in, etc.  

You can do this in a friendly way, but my main point is that you don't want to look inexperienced or that you're worried about them liking you, etc.I learned that the best way to give news they may not want to hear, is by stating it as a "rule."  

@Joe Splitrock - Finally, a valuable trending topic for new and inexperienced investors (like me) to read.

What I hear people saying is that it is not prudent for inexperienced, under-capitalized newbie investors to shrug off what opportunities are available locally and concluding, using often faulty logic, that their market is "too expensive" and throwing their hard earned dollars into highly speculative ventures - whose risks they are too inexperienced to properly assess - promoted by promises of the "clear, blue sky."       

Trying to sort through the information available is a blessing and a curse at this stage (young & inexperienced here)!

But, you can pretty much bet that anyone offering cash for a year, is looking for an inexperienced landlord, so they can get away with something.

I tend to get suckered into cons from tenants because I’m inexperienced and want to be easy going. 

Just say in an green or inexperienced note buyer might bite on that but anyone who knows anything about notes NEVER would .. they can buy a perfectly performing great first for basically the same return why take the risk letting a owner pull 100% of his or her cash out and HAVE NO skin in the game and leverage to the eye balls this is how people cratered last go around..