At the very least fix the AC and Exchanger put a water heater in it new power metor and pole and gas hook up..

Using a % is fine, so long as that % is higher than $150/month in my book.

The Quit Claim Deed would give us control to protect the integrity of the property, otherwise, the pipes are going to freeze and bust, two dogs living in the house unattended at night, power turned off, copper wiring stripped and so on.So, here are my questions:Who is liable for the Property taxes?

I'm good with power tools and plans, but plants and pictures aren't my specialty.

So here's the conundrum for a novice - being the type A personality I am and wanting to learn (and, honestly, control) as much as I can about this "deal" my first instinct is not to "bug" local investors about it because (a) I want to add value to what I can present, (b) I want to know as much as I can before I put this before someone, (c) I want to control this in some fashion before putting it before someone since i'd be doing a lot of up front with the seller and learning as much as I can about the property, (d) I don't want to waste an investor's time because I don't want that reputation to follow me as I evolve with this business.But it's like I can't get the outline or roadmap on how to start (with the land, for instance) without going to someone who's been there, done that and effectively negating points a to d.If YOU were pursuing this based on what I outlined, what would be the FIRST thing you'd do?

The gold american express I have and I think I can put a car on it and will not skip a beat just gives you more power to work with .

What this company made extremely appealing is that their further trainings provide a vast amount of resources right at your fingertips including the education, a ‘power team’, RE I software, and a mentor to guide you along in your first endeavors.

I should have had an inspection done myself, but with the elec. power turned off I didn't think it would reveal anything I couldn't see already.

Buying a house with tenant to evict gives you a huge negotiating power with the seller.

When I encourage people to bike for this reason I point to a recent example of how this proved powerful to me:I had a friend that just didn't understand why I bought a property in the neighborhood that I bought in.