At that point, it was just easier for them to have their contractor pull the permit.

Month by month is easier - give them 30 days notice about changing terms.First, off course, they need to know that there is new property management.I usually put in writing all that as info: new ways of paying rent, your phone number to contact etcThen you watch who is paying late and post 3 days notice on the door.

Once you have the cap rate, ask those same agents / brokers for multifamily rent comps that are comparable to the asset class you are targeting. 

You are going to want it cleaned and filters changed in order to help get rid of the smoke smell.You are going to want to wash every surface that you can get your hands on -- walls, windows, fixtures, painting may be easier depending on how bad it was.

Hi BP,I have a friend of mine bought a land through tax foreclosure auction...he bought it without doing any due diligence ahead of time, anyways he found out its a very small lot and worth nothing if he is trying to sell.The appraisal value is $12k and he paid a bit less but no body would buy such lot on the market...somebody told him to donate the land to the city or the county or some sort of organization that helps people and file it on his tax return as deduction. my questions are: 1- Any suggestions who to target to donate the land 2- If he donated the land can he file it as a loss or deduct it from his tax refund at the end of the year...he is entitled to pay some capital gain taxes on other properties he sold so this deduction will definitely help.3- If point 2 is doable will he be able to file based on the appraisal value $12k?

.$1M Property (12-24 units) - will need to meet or partner with someone who meets Net Worth requirement25% Down15% Reserves - 6 months of debt service + light rehabI'm targeting the raise at $400K. 

When purchasing property with a lease option and the intention of creating a sandwich lease option, or purchasing "Subject To" and agreeing to make the owners mortgage payments in both scenarios, would limited durable power of attorney get around the "Due on sale" clause and make a future closing easier?

This can determine the type of properties you obtain, and how much time you have to invest in obtaining this income target.

That is because it makes it easier to sell their programs.

Research a market Target one market and 3-4 sub markets Visit the marketMeet with all professionals involved including: PM's, Brokers, Attorney if required, fellow investors in local BP or REIA meet up.