Hey Guys , I’m looking to buy a 10 unit Apparment complex and it’s strongly un valued it’s being sold for $3,000,000 but is worth 5M should I fix and sell all 10?

I purchased a newly renovated single family home and started screening tenants immediately.   2 friends came together and filled out an application together. they were looking to move in together and said they were old family friends. first applicant (lets call her lisa) is a mother of 3 (all under age 10) and the other (lets call her linda) is a single female. together they had a strong application. they were selected, signed a 3 year contract and agreed on a move in date (they needed to give their currently landlord 20 days notice to move out). 

Having strong tenant screening practices in place helps - my manager charges $40 per credit check and doesn't make much off it, but checks court records, criminal records, credit, and so on.

Before jumping into products or targets,I would suggest setting up a solid base.For me that means:- LLC/inc. in tax favorable state- 800 FICO / 80 PAYDEX- $100K in untapped personal credit- $100K to a million in EIN/LLC/DUNS untapped creditONLY THEN look around, research the market,and jump when your brain/gut/heart align.Today Zillow dropped 20%, California/NYC offers are down 25%,Australia/China/Canada are down 20-40% depending on the data...Save your hard earned $50K for the right moment with a strong base!

@Shawn Gor most states have strong laws to protect tenant deposits.

I looked into syncing everything on Podio but once again I'm a contractor and the tech side of things isn't my strong point.

I looked into syncing everything on Podio but once again I'm a contractor and the tech side of things isn't my strong point.

Needless to say our economy as well as the RE market is strong.

Since you're here in Metro Atlanta, I'd strongly recommend getting your hands on training and courses from successful local investors like Dyches Boddiford and Lou Brown.If you are looking for recommendations, connect with me here on BP and I may be able to help!

With vacancy rates already extremely low, there is going to be a shortage of rental properties and strong rental demand.