This is more of a commercial property that will need financing.What is the purchase amount?

In my opinion, you are probably better off getting your own rehab, fixing up your own property, and gaining the equity in the property...

You can roll it to a self-directed IRA (SDIRA) and buy real estate or privately lend, but you couldn't do that with your personal rental otherwise you would blow your IRA up. 6.5% right now is a great rate...it's lower than what you can get a 30-year fixed owner-occupied home for.

They will offer to do maintenance and then do it poorly, if at all.If you want to rent the property, do the right thing and fix it up.

Long term rentals have the least amount of interaction required, but short term rentals (AirBnB, etc) have higher profit margins - but require a lot more attention (some companies charge 30% for management and the daily turnover service, for instance).I would suggest you compare your potential rates of return from real estate with other investment vehicles.  

If you do it right, it’s statistically the best market in the country for cash flow.I cash flow $100k a year off 23 doors and have built a ton of equity in a short amount of time.

Investment Info:Single-family residence fix & flip investment in San Antonio.

At the end of the 14 day period it would be my choice to fix the door and charge him or to take other measures.When i asked her if she would send me a copy of the noncompliance letter to the tenant, she said she wouldnt do that unless this goes to court.

Investment Info:Single-family residence fix & flip investment.

Investment Info:Single-family residence fix & flip investment.