This gets you in the game with minimal upfront costs.Covering the Smaller Costs (Inspections, Appraisals, Earnest Money, etc.)Even when using other people’s money, you’ll need some cash for earnest money deposits, inspections, and carrying costs.

I’d even consider finishing the basement, just well enough for me to live down there, so I could rent out ALL the units.I’d save all my cash and look to refi the property in 1-2 years out of the FHA mortgage, so I could use it again if necessary.

The management guy which is the owner of his company as well said that there were more applicants but he didn't even bother to send it to me because those applicants had bad criminal records. last week he said there was more applications and he was going to check it but i haven't had any responses from it. today i called him to ask qbout those applications and he sounded a bit upset and said that he was gonna check it today, same thing he told me last week, i also asked his helper and she said that he was the one encharged of my rental. everytime i call him he sound busy. he seems to be all over the place and sometimes i think that he is just not taking the time with my property. also last week i mentioned him that if he could pls change the description of my property online and to add that i accept section 8 tenants and he said ok but still hasn't done it. i could tell that there was no communication between him and his helper who also works with him because one time she called me mentioning that ahe was gonna show the property to someone but my managemt already showed this property to this person. when i did let her know that he said that she didn't know i could tell there was no comunication between them. any tips from you guys , i'm very confused and don't know waht to do in this case 

Hi Chris,I would love to assist with home inspections (yes even on new construction)www.inspectingga.com

You're going to have to scrap like crazy to break even - think rent by the room, short term, mid term strategies that require more work.

Even if they are not elderly or disabled, the court can grant them some time to move (or actually you can grant it as part of the court agreement)Everyone is having a hard time trying to find something affordable.Bottom line, give the proper WRITTEN notice asap to get the ball rolling.

You've gotten some good advice above but $100 even seems cheap after looking through these photos. 

Had mortgage and note on the property.Buyer failed to get insurance is my understanding even though it was in the agreement. 

  $80,000 per year, and reduced increments until you hit break even and have the bank covered. 

Tracking can be done in property management software, a spreadsheet, or even a piece of paper and a pencil, as long as you can account for who's money is in the account.