Quote from @Carlos Quiros: Hello all-I am looking at a few properties, one in particular is fully remodeled, has tenants but after asking questions about the area on a facebook group I am told that gunshots are heard in the area and police are present often.Is this an area where as an investor one sees opportunity with a unit thats fully renovated and a start to beginning to gentrify an area or an area where you'd rather avoid until more people jump into that shipAny advice would be helpful & appreciatedCarlos As a Georgia person I would not recommend blindly investing in Savannah.

Also, for those who blindly think rent control is bad -- it isn't.

We find it especially helpful when we don't have people moving out as often, to refresh ourselves on what to do when.Here are the things I include:Table of Contents:Resources. 4Property Selection.. 4Purchasing/Evaluation Reminders:4Unit Preparation.. 4Sequencing of Repairs. 4Crime Prevention Through Environmental Design.. 5Remove the Cleaning Vinyl and Plastic Blinds. 5Cleaning Cabinets. 6Hot water heater. 6Smoke detector & carbon monoxide detector. 6Advertising to Applicants. 7Utilities. 7Pet Policy. 7Smoking Policy. 9Occupancy Standards. 9Market Rent. 9Evaluation at Vacancy. 11Reevaluating during tenancy. 11Change to rental rates. 11Advertising. 11Tenant Selection.. 12Rating Applications. 14Tenant Selected. 16Rental Agreement. 16Paperwork & Legwork needed for Move in.. 18Move in.. 19Maintenance During Tenancy. 19Maintenance Needs reported by Tenant. 19Maintenance Performed by Tenant. 19Maintenance Inspection.. 20Things to Keep Maintained. 20Trees, lawn care & Trimming bushes. 20Monthly Processes. 21Collecting Rent. 22Rental Financials. 22Gather Market Rent. 22Document. 22Update Tenant Listing. 22Update Occupancy Tracking. 23Follow-up on Late Rent & Late Utilities. 23Less Frequent Processes. 23Here’s things to do on a routine, but less frequent basis.23Maintenance Inspections. 23Review Landlord/Tenant Law.. 23Issues/Changes During Tenancy. 23Late Rent. 23Unpaid Utilities. 24Mildew, Pests, or Rodents. 24Agreement Violations. 24Neighbor Complaints. 24Change in Tenants. 24Amendment to Rental Agreement. 24Abandonment. 25Terminate Agreement. 25Eviction.. 25Judgment. 26Tenant Turnover. 26Items left behind. 27Turning Prior Tenants in to Collections. 28IRS Guidance. 28Misc.

They generally show up on the market with a lower price, and it is a blind bidding process.

Utilized a seller blind HUD so they don't know how much and when you go over assignment contract with seller explain to them you could be using third party funds to fund the transaction.

The “you can wholesale anything” crazies are apparently out in full force, defying economics, denying historical evidence, ignoring voices of experience, and blindly believing salespeople pushing their products through YouTube videos.  

I have a ground level screened porch that is long and narrow, but it can fit a ping pong table or something. 

I felt blinded by the intricacies required to close these apparently "very easy" deals. 

Trim color different than walls.Vertical blinds on large windows vs vinyl horizontal.Permanent LED lighting.Laminate floors where possible vs vinyl sheetgoods.New doors and hardware if standard size and therefore easy to change.Lock on front door with keypad and/or bluetooth.Paint garage floor.

Address: 9291 Morning Park Dr CONSTRUCTION Type Details Our Cost Paint/Repair Exterior Yard Cut tree limbs back from house $74.75 Sheds Fence Roof Repair shingle on back of house in valley by back door $86.25 Exterior Doors Door Hardware Keys Trash Removal Sub floor Repair Flooring-Wood Flooring-Tile/Laminate Flooring Carpet Doors Paint and Repair Interior Paint all walls doors and trim $977.50 Finish one repair on garage wall and repair another and paint garage walls $86.25 Paint both sides of exterior door going into garage and its jam $51.75 Clean and paint return air grills $0 Bathroom Kitchen Windows Glass Repair Blinds Install 7 blinds $80.50 Plumbing Electrical HVAC filters Change out air filters $40.25 Rent Ready MISC Replace electrical covers where needed , Install light bulbs where needed , Replace toilet seats 3 , Install batteries in smoke detector on both levels of home $120.75 Pest Control Cleaning Appliances Construction Bid ONLY Total $1,518.00 Additional recommended OPTIONS not included in Construction Bid: Lots of siding on chase that needs replaced, will take 9 pieces, 16 ft. then paint repairs $402.50Repair floor in back shed by door its falling in $97.75