If your flips are large enough to handle that kind of set up cost, more power to you!

And if he will give her a power of attorney make sure  when you draw it up it is in a form acceptable to  all those involved.

I’m finally at a point where I have a good amount of capital saved up and have done enough research to where I feel comfortable taking my first step towards financial freedom, hoping to eventually escape the rat race, help my parents retire, and set up my family for future success and wealth (I know, how noble of me!). 

I've always known real estate was a path to financial freedom.

Now of course only a rookie investor will work with a rookie agent - talk about a power team (not).You would think that agents have the inside track and buy the good deals for themselves, which is not the case: I think from 180 agents in my office only 3 or 4 own rental properties that I know of, and one is a builder.

Knowledge is power when it comes to this industry. 

The new tenant should have requested a transfer because you do not want them to get into a house with no power.

I’m pretty green in the investment game but am eager to get started and excited for financial freedom.

I work for the power company so I can confirm there wasn’t electricity in most of these areas until the late 40’s.

Normally the meter pedestal is located 15 feet or more away from the home is where the power is delivered.Are you on city water and sewer?