I don't like cutting corners and want to deliver a solid home as we all do but it is an old home, my inspector missed the pit and the plumber I am currently working with initially missed the pit too, when I pointed it out he found out that the whole plumbing system was toward the end of its life. 

And a 75,000 LOC to tap at my disposal(rest of the equity from SFR)Since closing last week: I got 2 keys. 

Hi there - I'm completely new here, but I have a rental property in Indianapolis that I purchased turn-key.

Finding off market deals is key.

There is still good money to be made in AZ, FL, GA, TX and other states, however, picking the right submarkets is key.

A few key pieces of 504B.365 Subd. 3(d): (When sheriff returns a 2nd time to move out the tenant--different from where the tenant "abandons" on his/her own prior to sheriff return move out)-The landlord has specific personal property inventory and tenant inventory notice requirements.

(Big/key question is what the % should be)-- After that cash is paid back, they own the property equally 50-50. 

We've always purchased turn-key properties and are now thinking of buying a true fixer-upper at a lower cost and renovating (i.e. adding higher, architecturally interesting ceiling, ripping out walls, and designing a modern space, etc.). 

So I was able to get someone to meet the tenant at the property for the keys and to basically do a quick walk through to makes sure there was nothing major going on or left behind.In my state, TN, apparently, if the tenant is present for the final walk through then the landlord has to give the tenant right there on the spot a list of damages that would count against their deposit. 

@Tyion Bridgeman @Brie Schmidt Since I am still inexperienced in the space, I am hoping to find a relatively low risk turn-key or cosmetic fix-up multifamily property.