I would also add that these rehabs will take just as much effort, time, and money (less money actually if you self manage and do some yourself) ... the main difference is that you add 2x-3x to the value add profits generated by the same rehab in most cases compared to less expensive out of state markets.

I have started using this technique and it has helped my direct mail gain recognition and also i have found motivated sellers through my skip tracing and cold calling efforts.

Hopefully things go smoothly, and I promise the more effort you put into clear and concise communication in the beginning, the less chance tenant will get upset as a result of unexpected outcomes (like starting an eviction process, if only because you have to protect yourself).Source - years working in real estate.

Lots of opportunties $250k - $500k, as well.If an experienced realtor who genuinely specializes in buying/selling vacation rental properties tells you their market is comparable, chances are you've found a good market.

In my short time in real estate, I've already seen too many people stretch themselves too thin on the hope that real estate is their road to financial freedom. i think everyone should do some self analysis and confirm that they are willing to put in the time and effort before starting any program. 

The fight will not be worth the effort or cost to her to get rid of the free loader.Her best option would be to simply turn it over to the bank and walk away.

Not much of a deal but if the objective is to help your In Laws it might be worth the effort.

Well, figure out what you're making an hour based on how long it'll take you plus the effort to do it. 

For a lender, that means 22 different laws and regulations at the federal level alone.That does not mean doing what you propose is impossible - it just means you have to be willing to invest time, effort, and money in getting your operation right or face the fact you are engaged in a criminal activity.The other question you asked about parks not working with you.

Are you focusing future efforts on apartments in Hamilton?