I just wanted is sue a warning against one such company - due to the egregious manner in which he exercised his predatory practices  - in the guise of a legitimate company!!

When I add a new tenant to the lease, the original contract terms remain in place.

You may want to pay an appraiser to determine the value at the time of inheritence.

My vision is to keep it a while (it’s paid off) and use the cashflow to help with my kids college.  

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Louisville is part of the industrial corridor all the way up to Columbus, Ohio.

I've considered areas close to the Falls, but sellers seem to price it a lot higher assuming the buyer can make it up renting it short term. 

It's definitely possible to get a loan as a foreigner but the rates will be high(er) and the downpayment required will be as well.

You can be sure they will continue to negotiate for, strategize and advise themselves.If the laws are similar where you are, you should consider if you want someone doing those things for you, and whether you are comfortable going toe-to-toe alone with a licensed professional on a $1.25 million purchase.

This guy needs to go.