Investors should always leave room for unknowns, this means you will pass up on many properties, but once you find one that fits you know for sure that you are not going to be digging money out of your pockets each month.

Zeona did this without her landlord's approval, and said she lived in fear of getting caught, never answered her phone from unknown numbers, etc.

I guess that legwork is not worth much but it does seem to remove some unknowns about the property.  

What steps do you take to minimize the possibility of inheriting potentially bad tenants in an occupied rental? Let's set aside the obvious answer of, "Don't buy the rental if you can't see the inside and/or talk to t...

IMO, SFR win hands down - - the HOA is an unknown and can turn on a dime to spoil your investment.  

Too many unknowns. 

For me (electric heat, unknowns on electric and water, one water meter) I would say 120 tops value...2 local investors agree

If you don't know value, how can you tell if you are getting a deal or not.And secondly allow lots of room for unknown repairs, particularly big ticket items like roof, plumbing, hetaing and electrical.

They also probably have some credit card debt (amount unknown).They are okay with getting 45k for the work they did along with "sweat equity" and "emotional" attachment.I'm sure there are a ton of you thinking: RED FLAGS!

Here are the numbers:ARV- $135-140,000Repairs- Unknown (expect 10k but will take further research, may be higher)Loan- $97k remaining, 30 yr fixed at 7% (high I know).