The most time-consuming part of managing a rental (w/ current maintenance) will be leasing a vacant unit showing the place, BR checks, paperwork, and even that is short lived. 

Smart move to let people know you are ready to take action - be careful now and make sure you put your money into something smart!

I'm not so concerned with the cash flow and investment numbers in this case as I am with what actions I can take or questions I can ask my realtor to be more informed of the process and hopefully expedite the closing process. 

Working w/o wages creates a Board of Equalization issue in Calif and doesn't come to light UNTIL the tenant squabbles in an eviction or small claims action where the tenant withholds partial rents for work performed. 

As well as eliminating the redundant door (literally three feet from the rear slider) by concrete blocking the hole closed.But in the short term I have a contractor rehabbing/replacing the damaged door - at his discretion of the best / fastest course of action.  

There is a wealth of information at your disposal, but it is there for the taking... so take the action and take it.

I recently took action and bought my first pure investment property in Pensacola (from overseas).

I read the books and advice, somewhat too much for procrastination of actually going out there and taking action.

but it needs to be done since ,  yes.... they won't go down on the own,  they just go up. it's very difficult and time consuming to shop around.  

This terminology, however, can reasonably be construed to extend to any business entity that makes loans to or finances purchases on behalf of consumers and businesses.