*Asking price is $229,000.Full disclosure: This is literally the first property I've evaluated.

They've made real progress on lease renewals recently!

@Emerson Hazell We don't have "trouble" with them, but we take them into consideration when evaluating a deal in Springfield, versus say Enfield (which is 15 minutes south and across the MA/CT border for those who don't know). 

I'm curious: what online tools do you use (paid and/or unpaid) to find and evaluate properties for purchase/investments?

And make sure you always ONLY pay per progress, NOT ahead.

I always recommend self-managing your first rental so you know what the job entails and therefore have some experience to rely on when evaluating PM's.

An Architect already made multiple evaluations on what needs to be done and the cost.

The property itself is progressing really well and should be on the market soon.

The only drawback to having a K-1 on your return is the liquidity test underwriters must run against the company so an evaluation of the balance sheet is important to make sure the client doesn't fall into this trap. 

Long-story-short ---> it's been about a month and very little progress has been made to get her out of the house (to rent or to buy).