We're moving to Grand Junction and the duplex we're looking into already has a solid tenant so we would probably stick with them.

Multiple, billion dollar companies are investing investing heavy in our area, such as Intel, Google, and Amazon.

It is advisable to outline in the contract that the landlord holds no liability for internal issues, while the tenant assumes responsibility for fixtures and furniture.

Worst case scenarios are like you pointed out, or there is a disagreement of the contract and you friend backs out.When you are renting it out, typically the owner (your friend) is responsible for taxes and insurance. 

As responsible Real Estate Investors,  we want to educate them on their options:  Mortgage relief programs, loan modifications, forbearance, short sale, etc. 

I'm looking for some solid recommendations on project managers (not property managers) in Indianapolis.

Hi Manny - thanks for the response.

This is solid tounge and groove bamboo looks like. 

Sean, thank you immensely for your thorough response.

Thanks so much for any responses in advance!