For instance, in all of my leases, it reads as follows:SALE OF PROPERTY: If the Premises is sold, the Tenant(s) are to be notified of the new Owner, and if there is a new Manager, and their contact details for repairs and maintenance shall be forwarded.

Learning about investing is a educational process that starts with extensive learning to be able to understand the basics.

I've done some extensive top-down research on attractive cities for single-family or small multi-family (duplex, triplex) buy & hold rentals and Philadelphia has come out on top.I'm looking to understand what would be a reasonable gross cap-rate to expect when investing in Philadelphia given a budget of $150K - $200K.

Smoking does extensive damage to a property.

The service provided by a team like New Western is quite extensive when you look at the amount of work that is put into providing "ready to go" deals that require a simple yes or no, rather than multiple offers or bidding blindly with a distant listing agent...."

I ended up winning the online auction 3 weeks later.Closing took forever and I almost lost the deal countless times, near the end I even put my $3,700 EM deposit at risk to get extensions.

, and run long extension cords to neighboring households.

If you're wanting to secure your financial interest in the instance of default that would be a different discussion. 

I think my biggest take away is that it will take longer than expected because of unforeseen instances.

In some instances, you may elect to only utilize a property manager for tenant placement.