I invest in the louisville area as an out of state investor in single family homes and I absolutely love it.

I know in hindsight and she has learned now that you need to have a buyers brokers agreement and I guess now you have to make sure the buyer has the money to pay you if the seller wont..

I currently invest here in Columbus, Ohio and I have two duplexes over here that are cash-flowing well.

How long did it take and is there anything I should prepare for? 

She reached out to me and asking if I can waive the late charges because she laid off and looking for a new job and she doesn't have the rent for now and no time frame to pay the rent.My answer was no and I offered her to pay what she owes and move out immediately before I start the eviction process.

For context, I live in Salem, MA and a few years ago my husband and I were looking to buy a house that was not turnkey, but also livable, that we could live in while updating, and rent on weekends (either a room or the entire home) during Salem’s busy Halloween season.

I honestly wish my parents and I had been knowledgeable about real estate when I was going to school and would have loved to do this. 

I learned from doing Gene's home study course (and I can share my feedback if you PM me.)

I have a friend who is under contract on a commercial property and him and I were discussing his 1031 situation and I thought I would get an opinion from the experts in this forum. 

I'm an agent here in Pittsburgh and I work strictly with investors.