Conversely, if you have a multi-family where you are responsible for snow removal, ice control on steps, etc, there is much more potential liability exposure.

and thanks for the offer with the credit help, but we've finally got it under control and should be where we want to be very soon.

I know some things out of my control are possible like evictions or misc repairs.I'm also kind of nervous because the building was built in 1898 but the two 2-bedrooms have been completely renovated.Also, another thing that is making me nervous is their counter.

I'm looking to get into real estate investing because I want to have more control of my time and build some wealth. 

A lot of rent control and eviction protection... you may not be able to evict current tenants or raise rents to market levels. 

@Christina JohnsonWhat he means by non-disclosure is that the county that controls property taxes (ie the government) isn't given the details of the sale of a property.

I know some things out of my control are possible like evictions or misc repairs.I'm also kind of nervous because the building was built in 1898 but the two 2-bedrooms have been completely renovated.Also, another thing that is making me nervous is their counter.

@Jenna Williams - While each program has their quirks some of the bigger players are Yardi Voyager and MRI... which are expensive decisions as @Laticia Braxton eluded to, but become necessary once you reach a certain level.

For one, you have more control and the ability to be more agile by not going the turn-key route.

We count on 3 mo. holding costs for ratification however the court controls the time line for ratification