My buy box is turnkey sfh 3/1 or small multi newer major utilities and roof.

"Hello, I'm Gernide. I require a real estate attorney to draft a wholesale contract (assignment agreement) for two properties in St. Petersburg, FL. The contract must include a provision that allows for a 22-day perio...

Since we will be investing remotely, we plan to work with a property management company to oversee day-to-day operations.Does this sound like a solid strategy for a first investment property?

agreed. what I see is a major issue with used homes is plumbing and people NOT doing sewer scopes on their home inspections.. 

Connecting with an insurance company may be helpful in placing long term tenants in a fully furnished home.  

Make sure to ask for client referrals and interview more than one company in Flint.

Also there is limited housing stock in and near dc because dc has height limits and the majority of the area is not densely zoned it's like any market - some areas are hot some not so much.

Not defining a certain aspect at start, assuming, these are the major pitfall potentials.

We are extremely unhappy with our property management company.

They mentioned that the family member began debt consolidation 20 months ago, the way debt consolidation works the company lets it go into collections I am concerned that if the person files for bankruptcy.Even just one of 3 family member file a bankruptcy 7, can they stay 3 to 5 months without paying rent?