We give sellers multiple options and all of our listings are selling in 30 days or less if they decide to go that route.

Rather than fix the minor problems, or get off the section 8 program and have her move, he has decided to just sell the property.  

Now I've decided to find long term tenants and rent it out.Does anyone know a good property management company in Atlantic County (Atlantic City area) that handles single family homes?

I'm wondering if I were to crunch the numbers and find a viable place, if I can make an offer to lock in the place, and then what "loopholes" I have if later I decide the place isn't right to purchase.For example, if my offer included a requirement for a home inspection, and that inspection comes back with 10 things noted by the inspector.

I've seen too many people who appear healthy, working their tails off and then they deteriorate way too young and never get to even enjoy "retirement age" (regardless of whether they actually retire or not).Based on what I've read here (on BP forums) and after speaking to family/friends we decided to grow our investment portfolio further.

I'm obviously going to make the long term tenant aware of the situation but was thinking that a month to month rental agreement might be best in case they decide they don't like the whole Airbnb thing going on behind them. 

It might have enough appreciation to offset all the money you throw at the house in payments and maintenance, taxes, etc, but if you want to gamble with your money, there's better ways to do it.I think you need to start with goals and decide if this deal lives up to your deal standards.

I have finally decided to take the plunge and start doing.

What if the seller decides the upgrades are so nice they don't want to sell?

I’m estimating 220k sale price per unit, but if we wait until the rest of the development is built up then could be more like 250-300 per unit.It’s speculative, But I love what I believe the development will be eventually with a mix of old and new homes, a state park, and the water.I just can’t decide how much risk to take.