Obviously i can fly in periodically for due diligence  etc  but do you guys/girls think it is a bad idea? 

My credit is good, but not "excellent" because of lack of credit and new accounts open in the form of credit cards, which I did to build credit. haha I do have 3 bad mark on my credit from when I was 19, that will be going off of my report in a year, thank God.

Consider long term costs.Central unit(s) belong to you, are maintained by you, and you need to provide power and pay that bill.Window units, even if you provide them, at least place the operation power usage on the tenant.If you clearly note in the rental agreement that "the window units are a gift to the tenant", then maintenance is off-load too.Frequently, the long term costs have a larger impact to your PnL than the cash outlay for the equipment itself.

Not desirable, but if it's really bad sometimes that's easier.

We reach out at multiple times throughout the redemption period, all the way to the end.Part of me is beginning to think that foreclosure is such a touchy subject to many people, that many would rather just ignore taking any action, and just let the property go, even though our "cash for keys" and offers to list their properties give them a chance to make something good out of a bad situation.Conversely,  somewhat seasoned marketer in me wants to stay the course, and keep altering our message until we improve our response rates; after-all, people have been successfully marketing to people in foreclosure and pre-foreclosure for years, which makes me think there is hope to ramp-up response rates.Sorry for all the text, I'm thinking out loud a bit here.Has anyone had any success marketing to mortgagors during the redemption period?  

My objective is to move the building in the other direction with improvements and rent increases to get higher quality tenants.    

I've reached out to a few real estate agents to see if they were nice enough to partner up on some deals that they might have had for a while, maybe the property is in bad condition, maybe the price is too high, etc....I have a few cash buyers that might those properties.

@Marcel Pean My bad,  yes it is the other way around.

Generally unless you are in a sunny area year round, August to February is a bad time to sell.

My opinion on Nutley as a whole is you will most likely get good tenants but bad cash flow.