He is a partner however not an employee and I think that's the key to that relationship working out so well. 4.

I recommend partnering up with someone reputable who has experience in REI and the time to get work done (the pool of candidates would include Turn Key like you originally suggested).

E&o insurance, general business liability insurance, mls fees, electronic key fees, board association dues, print materials, website, facebook advertising, instagram advertising, direct mail, neighborhood events.

I had them sign paperwork surrendering the keys, their tenancy, and stating all property left behind is of no value to them and can be discarded at their expense.We had a spoken agreement that the jet ski was important to him and he will come collect it.

@Marc Winter I think what you said about sticking to written policies and treating people equally is definitely the key.  

Coquina Key appears to check all the boxes for me.

which is what you need to come anywhere near having enough money to actually live on your positive cash flownow again i realize i am in the VAST MINORITY on BP on my thoughts of cash low VS  appreciation... but for me personally its all been made on appreciation cash flow was is just a place setter.. to allow the appreciation to happen  House price appreciation is a REAL thing and depending on what market you are in, especially in the coastal cities like LA, price appreciation deliver the most value to the investor over a long holding period.

Offer accepted on my first deal (triplex) and inspection pending (WA State).During my initial walk-through, I met a couple who seemed to be more than knowledgeable about the property, possessed keys to storage areas (possibly other units too), had special parking spaces, and stated that they take care of the things around the place including the large yard in exchange for lower rent.

I might as well just buy a turn key same price and no stress.

Couple of key points that really separate the 203k from other products include: - ability to finance up to 6 months of mortgage payments while the renovation is being completed if the whole is listed as uninhabitable by the HUD consultant.