That's why I posted, to provide people with real advice based on my experiences so they can avoid making the same mistakes.Providing greater buffer space for capital expenditures and controls is a good risk management strategy.

These are just a few things that could happen.The Arbitrage person is not the owner of the property therefore has limited control over possible outcomes that may or may not happen.These are just the facts.

Only thing you can control is price and making sure the home is prepped and shows well. 

My friend stepped in, struck a deal, and got the property at a fantastic price.Targeting Heirs Directly: Probate attorneys are great, but another angle is reaching out to heirs directly.

Just do your numbers and control the deal to make money.  

I suspect those guys grew to fast and it got out of control..

Perhaps the most important of which is that its more predictable and more CONTROLLABLE.

Fantastic tenants and the home brings in solid revenue.

You’ve already done the heavy lifting, so giving up control might cost you more than you gain.Ask the buyer why they want you to terminate the contracts.

Working as a property manager gives you such valuable insight into the market, tenant relationships, and property operations—it’s a fantastic foundation to build on.What kind of investing are you thinking about starting with?