@Upen Patel I am fresh out of college.

I read about the 70% rule that says you should take your projected exit price net of your renovation expenses and multiply by 70% to get your optimal purchase price (in this case it would be $350k).I am modeling the project with $70k budget for general contractor and interior designer to update the kitchen and related appliances, new carpets, maybe some fresh paint (or whatever else the designer suggests like new ceiling fans, etc.), master bathroom, and some other minor items we are missing in initial projections. 

(I'm fresh out of a credit rehab if that matters)I have to move quickly on this too..

Its easy to live in one of the units because of the view of Pikes Peak and Im right next to Garden of the Gods.

Fresh new bargain priced listings are generally snapped up in a hurry so it helps to have your affairs in order.

You are operating a business, don't throw away thousands a year in income, let them move along and start fresh with your own selected tenants.

You need to focus on getting her out and face the fact that you will likely need to clean out the property,  Try to convince her to get a fresh start, to get in touch with relatives, leave anything she needs to, move on.  

Relocating to Apopka/Winter Garden/Clermont in 2 weeks.

I am a fresh college master of science graduate who wants to start his career with real estate industry.

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