Also I would love to hear how you guys/ladies got into your first Commercial/multifamily property.

The lady who answered on the IRS side only gave me 2 sentences and I mentioned the word 'rental' property... she said 'STOP RIGHT THERE.

Specifically a lady name Dellene who we really like.

I just scored a property at 58% of its market value", when they're also could be saying "I just swindled a nice old lady out of her life savings for a down payment on my new Lexus". 

The former owner is really a nice lady (she has been the only one living in the property) and has been heavily involved into leading and notifying us the neighbors re: our next community meeting about safety and many other various things.

What if this lady's mother becomes ill and bed ridden in another state next week and she wants to move out to care for her mother?

I intended to send out a notice reminding the community of the rules and regs, but I also dont want my first play as the new land lady to be calling in the ASPCA for what seems to be unauthorized pets on the premises. 

Laura, that crazy self help lady on the radio used to get garbage for telling burned out housewives to leave their kids with a sitter, go for a weekend and **** their spouses....relax, have some drinks... 

See this thread Pg 3 where I stop a Hong Kong lady from buying a TK house for $45,000 that the TK provider had bought for $500 and hadn’t even evicted the deadbeat tenants yet.

I'd hate to start investing in houses and then suddenly move across the country.Thanks again, ladies and gents, I love this forum for how helpful/intelligent everyone is on here!