Check all docs carefully. 

I wouldn't put my asset into the care of someone that I wasn't intimately familiar with.

Funds are offering notes on preREO in both judicial and non-judicial states, so the local investor selects the disposition strategy, with AHP Servicing and Activist Legal available to assist. 

Hi Malcolm, With your strategy of holding multi-family properties or flipping, the key is running the numbers carefully to match your goals.

@Josh Smith just like any rental property you buy, manage, rehab, etc. nobody cares as much about your bottom line as you do.

You can list all the reasons why you charge $250 for a one-time shoveling, but nobody will care when there are other vendors doing the exact same job for $100 or less.I'm in a city of 10,000.

Buyers don’t care if you shelled out more on the rehab, if you’re priced too high, you’ll end up sitting on the market way longer than you want, driving up holding costs.Lastly if your buying on market, REO or Corporate sellers are dominating and not as willing to negotiate as owners would.

If I would have used competent management, the manager that I picked and vetted, then it would have cash flowed, assuming they could have filled the vacancies.The big lesson I learned is that the property manager selected can make or break a deal. 

Without too much detail I had to quit my W2 job 2 years ago to care for my disabled son and my wife is still working.

The IRS doesn't care which of you is on title.