Ensure utilities are back in your name.

Those are called "REO"(Real Estate Owned) (as you pointed out), not foreclosures.

It will go a long ways to help you deal with the issue and your tenants: https://www.epa.gov/mold/brief-guide-mold-moisture-and-your-...

Thanks for taking the time to share your feedback!

The best way to estimate expenses is experience and knowledge of your specific asset type and market.For vacancy, that will depend on your market and the quality/desirability of your type of unit.

Hi Raymond, You are correct in your assumptions.

You say she can barely afford your rent but now she’s paying that rent and presumably rent at another place she’s staying?  

Hi Danny,I've personally owned several rentals in Schenectady, and also own a local PM company in the capital region so we work with tons of clients in the area that ask this all the time. 

Hi, As a property manager (based in Chicago), I have to say the screening process is paramount, because its the start of your relationship with various prospects.

Yes, if you are confident in your numbers....particularly the repair/reno numbers. $20k is not much and will be eaten up real quick.