I bet the 254K one has most things remodeled.

I bet you sure wish you had the rent they were paying you so you could repair that HVAC without a second thought.It's not having too much compassion, it's just being foolish.

There are actually a number of PM softwares out there that will allow you to safely take electronic payments from tenants.

Most people just want clean and safe place to live. 

If none of this is specified in your lease and you haven't communicated via text before, then be safe and send a letter to the tenant

Using that number, that also means you're paying in equity, $250k for a house valued at twice what you are paying for it.5 - If you sold this house, and took the profit, and use it as a 20% DP, that would mean you could buy RE worth 5 times the DP...or, $1.25M.6 - If you took that DP money, and split it between a rental/investment property and your residence, I bet you could make the rental house have at least $1200/m in cash flow and still live in a nice house. 

@Spencer Gartz I would let her know that the bait stations are safe for cats, which you confirmed with the manufacturer.

The houses in this area are priced a little less than other areas which is already a flag for me.I am looking for a safe area without much crime rate.

They believe all of this can be done safely in stages if tenants decide to move back in.I also re-posted on the doors and house that the house is unsafe and no one is allowed on the property until repairs have been completed and notices removed.

What do I need to know to make a safe, fair, and profitable decision???