I will still go through the entire eviction process the following week to make sure that it is taken care of, but who will come and get her personal belongings if she is in jail?

Now, we will take the proceeds from this sale and move it into a larger deal to repeat the process again.This is called VELOCITY of money - How fast can I trade up to bigger and bigger assets and use the same dollar over and over again to increase my net-worth, cash flow, and balance sheet.

He likes to find new things to do, create new processes for them, and then hand them off to his staff (like me) and then just stay involved to fix issues and improve over time.Handing your building off to a GOOD PMC may be similar.

Systems and processes - your project manager or general contractor are responsible for weekly walk throughs, and material inventory.Best of luck!

The actual "act of syndication" is as old as time, but as we know it, the term is becoming more curated towards GP LP capital raises for CRE assets in the public eye.Syndication simply refers to the process of pooling together resources or investments from multiple individuals, entities, or organizations to collectively finance and participate in a particular venture, project, or investment opportunity (not just real estate)...I mean... the term syndication actually came from media syndications in the early 19th century so this statement is quite vague albeit.

Understand their fees, bid process, termination requirements, markups for work done, how they confirm fair bidding (especially if they have on-staff handyman).I would talk to the actual tenant in place to understand what their experience is with both property and management team.I would drive the area to understand how your property compares to others on the street/in the neighborhood.I would talk to other management companies and realtors to understand their understanding of the market, rent levels, etc.Basically, full due diligence and underwriting of the property.

It sounds like it should be a simple process since there was no income.

You could also use the current home to pull out a HELOC for the DP of the next FHA home.Make sure you are talking to an experienced Banker or Loan officer who has handled multiple "Gift of Equity" type transactions to avoid drawn out process or issues in underwriting. 

So why waste time & money on Oakland 4plex when that student bought over 100 homes last yr with the same simple process!

I need this time to make the renovations and bring rents up, process evictions, etc.