And now when you get the note for a discount, you collect the payments, or any other recourse to handle it?

Hi all, I just stumbled upon this forum when doing research for how to handle our first property.

But, only time will tell how it works out and if you decide to move to a property management company that handles everything.

Also, the doors and door handles didn't match.

He was even willing to have me handle all 6.

Hi Mike,I am over in the Cherokee county area but handle properties nationwide for clients.Before commercial real estate I was in the restaurant industry for 11 years so I know the business well.

I've only done 1 SmartKey lock -- it was more expensive, and I figured it was more cost effective to get lock sets for $15 (2 deadbolts, 2 handles, all matching keys) then if I need to change one out, I just cycle them to a different property.No one knows that they've been used before and at what property but me.

But as you said, you can move on now and learn from this experience.Personally though, I would handle this more like Will.

(Marin County, CA)We have looked a Structured Sale but it does not have all the advantages of the 1031.I have cash to close.She/seller cannot find the “right” property.She is the manager of the LLC that holds title with her parents.They have not set foot on the property in almost 3 years.I live in one of the units and have managed and maintained the property for the past 6 years.Her parents are not able to manage their affairs and she handles their $$$.We have a number of serious deferred maintenance issues that she does not want to address.I would much rather buy her out than go to arbitration to force her to participate in the work for the deferred maintenance and the renovations I want to do.

Question for you, is there much difference in what you bring in by having professionals handle most of the deal vs. handling it yourself?