Monitor for a few days to ensure they've all left and then get to work.

I had recently met somebody who said they were looking for a 4 or 5 bedroom house on a contract for deed in Midtown area MNPLS and that they had 10k to put down. If I do find an investor who has a property available ...

., who don't live there, when the standing rule is it must be submitted through the association management (to ensure actual owner or tenant photo), then association should submit it to lifeguard.

Teaming up with a licensee, and splitting the commission somehow will ensure you don't lose out on this.

It sounds like you did do some basic interviewing of the contractors but you may have to take things a step further next time to ensure something like this does not happen again.

While I agree that a good property manager is a must, as @Chris Clothier mentioned it's still imperative that you visit the property regularly to ensure that your interests are being looked after, and this alone eats considerably into your cash flow, not to mention your time and energy.

It is likely the last time I use it.I like that in the application phase a prospective tenant doesn't have to give me all their highly sensitive data (social security number mainly), I can just get the non-sensitive other information on an application.

Might provide some interesting data, let me help you out....:)What have you averaged or where do you expect to be with rehab costs?

You can get some very useful data on the county website regarding age, sometimes rough floor plans, sales history, property owner info, lot size, zoning, etc.I also like to get a sense of what homes are selling for in the area if I don't already have an idea.

Whether it is fair or not depends on the individual conducting the appraisal as well as the data or comps it is based on.