Have a frank conversation with the property manager. 

Pricing a rental property too high is a BIG mistake. 

I have newer properties that spec builders just through up and have issues with. 

Invelo is a true all-in-one solution for real estate investors, built with industry-proven best practices.

I imagine people who've had 2nd or 3rd houses in hollywood hills are not interested in rebuilding or doing the work.  How do I go about finding those who'd rather just collect the insurance money then sell it off at a...

@Dan AudinoFor path #1, is your eventual goal to rent out the property?

We manage a property that was having drain field issues for awhile, got estimates and had the owner approve one of the vendors.

Two separate property appraisers (at the direction of the lender) were sent out to appraise, and neither was willing to appraise it as a "residence", and thus financing fell through (conventional primary loan).

I'm new the notes world and frankly the 3-year locked in PPR preferred return of 12% seems almost too good to be true if they in 16 years have never missed a payment or failed to repay principal.

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.