@John Faulk Jr The ability to answer the questions I first presented points to an individuals readiness to execute on the investment opportunity.

NJ is tenant friendly, so she timed it well where the eviction process would've taken until the lease ending anyway.Her lease was up 3/31 - I was able to get her keys and change locks at 12:30am 4/1.After gaining access to the property, it seems like she has 90% of her belongings still there. 

We assisted in the procurement of the new tenant, but put them on a joint lease.We do rent by the room in most of our other apartments -- those are individual leases and we would consider this a violation of quiet enjoyment and serve a comply or quit if it were one of those units.

I recently came across a company recommended by a friend, but my initial contact, whom I connected with via Facebook, is no longer active, raising some concerns.

Been friends with the neighbor for 15 years How did you finance this deal?

@Elizabeth RothIf you are looking in Ohio check out the Columbus and Cleveland OH markets they are great for investing in from out of state since they are landlord-friendly, and have a low barrier of entry and cash flow.

I don't know how I would get a rental unit in the Seattle area but maybe an out of state one might be more beginner friendly.

For individual taxpayers selling their principal residence, the IRS does provide an exemption up to $250,000 of the capital gains for single filers and up to $500,000 for married couples filing jointly.

., income - expenses).Individual foreign investors pay income tax at graduated rates up to almost 40%.

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