I have many clients buying the older homes in North Phoenix near the north 101 as they are 20-30 years old, in need of updates, but also are poised for the long term growth from TSMC and other business/economic activity in the area. 

@Terri AbsherNot familiar with them but here is a prior post on BP about themhttps://www.biggerpockets.com/forums/311/topics/1006736-has-anyone-done-business-with-flipos

I selected Lewiston for the post as I didn't see an Augusta option, but I do work all over the state.It was my family's property management business that brought me to Maine and sparked my interest in and passion for helping investors achieve their goals. 

PM me if you want the contact (they deserve some business for their great support, but if I do not close I have no need for the insurance).Good luck Thanks Dan,  where in CA is that property at very good price for what your describing !!!

Insurance companies and car dealerships and plenty of other consumer businesses close by.

Thank you Each state’s laws vary, but many/most will require a foreign corporate entity to register in that state before it can do business, and holding property title is a business.

Don't apologize, don't explain how the 'chosen' tenant was more qualified than they were, wish them well in their search.You're running a business and you've made a business decision. 

Friendship and business don’t always mix well, so it’s critical to use a solid lease and treat this as a business arrangement.

We made a lot of mistakes like working in the wrong order and doing work just to keep my employees busy.

Zoho is a great CRM for any business and is 100% customizable.