Do a cash for keys deal and just try to get them out early… I’ve thought about offering that if they leave by the end of November (~60 days notice) that I’d give them November free + $500 in moving expenses and return of security deposit if left in good condition3.

starting by just brokering loans is a good way to start in states that do not require a license.. raising capital from private investors to make loans is a long process And very difficult if you do not have a long track record or pedigree in the industry.. if someone is brand new they really need to go work for a lender first.. other wise IMHO the chance of success is very small.

Create value for the seller, Our seller, while he still sold for a good price, needed the funds for another project, and needed certainty of close.

There's a very good chance the issue(s) you face have already been discussed and answered.Ask questions in the appropriate forum.

What do you think, is now a good time for CRE investment? 

Hi Scott - You have got the answer so i won't repeat it but key with travel expenses is have a good documentation and clearly bifurcating between personal and business.

The DIY software may be a good option, but as stated has its limitation, especially if you have a unique unaverage property.

I feel pretty good about this market as the market data shows it being solid.

But if the manager is at least good enough that they care about their long-term reputation (and also trying to get you to be an investor in future deals)...then this might help.If they are a bad one (or a good one and unable to change), then this is unlikely to make any difference.Remotely you can also do things like doing Google maps drive-bys, etc.

There are, of course, more risks and benefits of being an owner, but in general, it's good to own.The main positive: you don't own the unit.