My plan is to buy the house subject to their existing mortgage, renovate the property, refinance it and pay off their remaining loan balance using the money from the cash out refinance.

•Business Cards & Branding: You can list both services, but if you want to avoid overwhelming potential clients, consider having two versions—one focused on PM and one on real estate sales, depending on who you’re targeting.Best Way to Generate Property Management Leads1.Target Landlords Where They Need You Most•Most landlords seek out PM services when they’re in trouble—tenants not paying, evictions, property damage, etc.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

I needed some extra financing on my first rehab and opened several 0 apr credit cards which I used for materials and payed them off before any interest.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

The rental income from the first home will pay for the mortgage/monthly costs.  

What if you told the tenant you would pay them XYZ if you could sell the property before foreclosure?

My area is relatively low crime, but had one place that someone broke a window to get in.... probably a homeless guy looking for a place to sleep....got scared when neighbor turned light on.I put in a SimpliSafe unit... portable, easy to set up, multiple options- you can use a webcam and get alerts on your phone and future tenant can pay for full service if they want. 

But you need to educate yourself and know exactly what the remedy is, or you may pay a huge expense for nothing.Any company that's doing a bid will video your line (no cost) so they can properly determine what the issue is.

If we can't find a solution, I think she will be OK with me adding her property under my own account, and then me paying her out monthly.