As a first time investor, living out of state can be intimidating making it that much more important to work with skilled professionals. 

@Jackson Pontsler yes plus professional advice concerning partnerships to help fund deals.

Without professionals involved in the deal like a commercial realtor, you need to do a lot more than the usual due diligence. 

In May, a Professional Engineer inspected the property and found a section of the basement stone walls and exterior brick wall above the basement of the house were bulging.

We are not professional real estate investors although in the future we may try to get it into it more. 

Readers should seek professional advice.

Getting to feel like a professional janitor with the key chain I have...Is Landlord Locks the way to go?

Sounds like a lot of Extra Strength Excedrin in your future if you go that route.

why sit on the side line and wait for a crash that may never happen .. and probably if it does wont be near the magnatude of the last one.There are multiple different types of investments in and around real estate other than being a landlord.. so maybe we confuse the developer who just did a subdivision and flipped the plat to LEnnar and made 2 million in it in 16 months with 150k into it.. .. those are pretty cool homeruns.. and done all the time.. but you need the skill set to set into the guy or gal that can source a property that a company like DR or Lennar will buy you need the strength to talk the farmer into letting you have an option on the property you have to have the Risk tolarnce to put up 150k and maybe lose it... becasue you can t flip that plat.. you have to have contacts at the big builders to get to their land ACK guys or gals.. but you put that all together and thats what a homerun looks like. guys that buy at courthouse steps  hit tons of base hits..

Hi Angel, we are always looking to expand our network of property managers and other real estate professionals in south Florida.