Yes, this is a true-real life drama.Thank you for your input and suggestions.My business partner presented this to me but I could not offer any direction as her legal counsel is not assisting the family in a manner of resolving the conflict.

Were starting Virtual assistance for real estate professionals Providing the administrative "brains" for a successful business If you're a contractor investor developer banker etc....

Were starting Virtual assistance for real estate professionals Providing the administrative "brains" for a successful business If you're a contractor investor developer banker etc....

@Cynthia DeLuca The property management company (Excalibur Homes) that manages my portfolio uses Planet Synergy for its virtual assistance services, automated end-to-end management of transactions, owner portals, etc. as they manage over 1,600 rentals for investors like us.

I was clear that her cooperation would be reflected when I evaluated her security deposit. 

If you plan to use a property manager they should also be able to assist you.

My grandmother is sitting on about $26,000 and knows I just began investing in real estate so she is offering to "gift" me that if I buy a SFH that also has some kind of coach house or apartment on the property (this way I would be close if she needs assistance, but not too close where we are actually living with each other).I'm having a hard time finding these types of properties in suburban Illinois.

I'm posing this question to current landlords who may currently have a similar configuration.Thank you in advance for your assistance.

Is that Cap rate reflective of where the market actually is (aka is it priced fairly).It's important in this market to know what you will be getting into when you take over the property and that you will be cash flowing from day 1.Best!

So it could reflect what we want.