**Quality of the Property**: The property itself is of good quality, requiring minimal immediate repairs and offering modern amenities that are attractive to tenants.3.

@Jeremy MahoneyThese are very personal questions that require more info to answer properly but below are my answers.

The time flies by when you are under the time requirements. 

Older homes are quaint and charming but require more maintenance.

I send it with USPS proof of delivery but no required signature verification.

Hello all, I just purchased a property that is in very bad condition and will require a full gut job. 

This means you have an LLC for a single business activity, which is filed correctly, has an Operating Agreement with clear and precise terms, you set up a separate bank account for that LLC and its related business activity, you do not use that bank account in any way for personal activity, and while it varies per state as being a requirement, you always want to make sure you have periodic filings and to take it even further, hold a "meeting" once a year...even if you're the sole member and there's not much changes that took place for the year. 

Coordinating a same-day sale required precise timing, efficient communication, and meticulous planning.

Keep in mind that about 40% of the population rents.I agree with you that buying a run-down property requires experience, the biggest concern is that you don't get enough discount for the condition.

If the property being Class C is outside of your wheelhouse and you're not ready to commit to the work and risks required to own and manage a class C property, and your only drawn to it by getting a big seller financed note, I would pass and look elsewhere.