I would not recommend you attempt to self manage unless you have the time to quickly respond to inquiries & guests and make sure you are professionally & comprehensively handling all of the things I mentioned in the #2 option AS WELL as have a very good dependable local team in place to help with the property maintenance.Good luck in your new venture!

These last two options are attempts to recover the money the second mortgage holder has invested, although they are rarely undertaken (particularly in a weak housing market)

After reading some posts, I've decided to join in an attempt to gain more knowledge in real estate investing and eventually buy more properties.

The regular home inspection then starts currently at 11 but I'm attempting to move it up to 10:30.

Too many new investors want to call every broker in town and attempt to source deals and having little to no experience will not get you very far.

The attempts to repair and improve the property have not been fully successful. 

Only after researching the market, reading books, asking a million questions, and working with a few contractors would I attempt it.

I would probably attempt to GC the home myself as I do have alot of subcontractor contacts and could do some of the work myself (electrical, trim carpentry, flooring, painting, cabinets and all "puchout" tasks).Even with a post this long, I'm sure there are alot of factors I've left out.

I am going to a sheriff auction for the first time to attempt to purchase a 1 BR condo. 

I'm attempting to develop a template tiny house village/community that would solve the primary issue with tiny houses for any city or county across the nation.