Keeping one's word is important, to a point (when the whole economic picture changes, re-evaluating your choices is something most people can understand).

So I think a  lot of folks coming to the area are coming because 1) they can drive there and 2) their first choice vacation got cancelled and I think a lot know there are bargains to be had right now.  

We've got tons of legitimate providers here on BiggerPockets operating in all of the popular turnkey markets. 

What's important is what has happened from there.Your inspection contingency gives you room to make a choice at that point.

It will be very hard to find a manger for this unless it's a student property, and even that will have limited choices.

I've found old garages are more of a liability than a good investment in the lower rent areas unless you get lucky and get one that isn't falling over - it will cost more to bring them back to life or replace them than it will ever bring back in rent and therefore, the best choice is to remove them and spend the money on a new parking slab - obviously a property that already has that done is a plus (people use them as storage lockers too, then leave it all for you to clean when they skip out later).

This option seems to be more popular with my lender/RE agent as it seems they favor this over the FHA.(5% down, 4.125% 5 ARM, no PMI, $22k funds to close, $2260/mo payments)3: Conventional(15% down, 3.7% 30 yr fixed, PMI $30/mo, $56k funds to close, $2050/mo payments)To me, the FHA option looks the most appealing because it requires so much less down, but I'm not sure if I'm missing something.

I asked this question last week. you have a great tenant.. they suffer income lapse.. you work with them and let them pay what they missed over time.. or do you take the It ain my problem I am no charity stance that is so popular with landlords on BP  :) or at least it was last week when it was easy to say that.being here in Vegas this is a reality..

Best to shop around as others have said, look for a bank that prefers commercial landing vs traditional  retail in my opinion is a better long term choice.

Absentee Owners have been popular for a long time, and are apparently still somewhat effective (people are still mailing to them) but they are getting multiple offers to buy their home.