Do you required to inspect that red/full system fire alarm annually?

I'm very administrative and thrive in creating efficient systems.My husband and I currently live in Redding, California but within a year will be moving to his hometown of Fort Wayne, Indiana.

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.Also, you can review the quick links below to help solidify your grip on this site. http://www.biggerpockets.com/starthere http://www.biggerpockets.com/ubg http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPockets 25 Tips for Real Estate SuccessAfter becoming more knowledgeable and confident because of my above suggestions, take action to snag your first real estate investment deal if new or add to your existing holdings if you have prior experience.Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"

But, that didn't uncover their personality for keeping your property in a livable condition for the next tenant.I am unsure if you were making bi-yearly inspection, as that would have certainly raised the red flag that something is amiss.I am sure this expensive lesson will make you think of improvements in your checklist for administering future tenants.Good luck with your future REI activities.

That's pretty short-sighted, to say the least, which is a big red flag in itself.And, what kind of person would do that to family and not even consider it way outside of the bounds of civilized behavior?

@Nancy Emineth, that's a very good list of potential red flags given by @Alex Craig.

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.

Apartments do offer economies of scale, but you have to understand that the apt. market is red hot, w/ compressed cap rates, and generally don't produce as high cash flow return %'s on an as-bought basis as 1-4 unit properties.  

you  could have it inspected by somebody with state license.. to sure there are no hidden problems. it would be worth the couple hundred dollars to know from an unbias source. and IF by chance the person selling it doesnt agree to let you- then let that be a red flag. 

Provide your tenants with information from your local fire department and red cross for safety awareness and emergency preparedness.