They have moved out the furniture but are unable to move out remaining personal items (kitchen, bathroom, random small pieces).

Some of Berlin's most attractive feature are: Relatively low rents (compared to Paris, London, Brussels, Madrid)Low real estate prices (idem)Comparatively low living costsAmple supply of parks, lakesCultural amenity: Museum, squares, historical sites, churches, etc.

You don't want to spend a bunch of money buying furnitures, only to be shutdown later.

Multifamily Investment ForecastNational Report, 2017National Multifamily Index (NMI) Several markets with favorable supply-and-demand balances and momentum in hiring made large moves to ascend to the top spots in the 2017 National Multifamily Index (NMI).Los Angeles advanced 11 places in the Index from one year ago to take the highest position in 2017 behind a forecast for further tightening in vacancy and minimal supply growth.

And, I know, supply and demand, people always need somewhere to live, but in a health industry, sub-par businesses will eventually fail. 

You will need some office supplies, paper for leases, postage,.

Except as provided in §1.162-3 (relating to materials and supplies) and in §1.263(a)-1(f) (providing a de minimis safe harbor election), a taxpayer must capitalize amounts paid to acquire or produce a unit of real or personal property (as determined under §1.263(a)-3(e)), including leasehold improvements, land and land improvements, buildings, machinery and equipment, and furniture and fixtures.

It is as if the person who made it up doesnt understand supply demand and the fact most of the homes that have these mortgages attached to them are cash deals.The appraisals always seem too high

Lets say I get a cash partner who supplies the entire down payment and we agree to some terms and a time period... okay, now we've created an owner financed note and the property is positioned for an obvious value-play.This isn't like wholesaling, which I'm much more familiar with, so it isn't clear to me how much money the cash partner and myself would get.

Furniture, clothing, drapes, bedding, and porous materials are the most common items that have to be removed immediately and properly disposed of.