Having said all that, the EPA has guidelines here on how to handle various building materials that have been in contact with water.

There are limits as to what may be done with land in trust, additional burdens on how that land is handled, and the overhead associated with placing land in a trust.Before doing a land trust, consult with a financially minded attorney in your area.

We try to be the full service for the real estate investor/landlord as we handle closings (regular, wholesale, creative real estate deals), evictions, foreclosures, LLC formation, draft leases/contracts, tax redemption matters, etc.  

Property is owned free and clear. i guess the real question is how do any of you typically handle calls from a listing agent who represents a homeower?  

He probably has the infrastructure to be able to support your investing there if that has become your target area.10% is pretty standard for a property management fee, and they should handle a lot of the time consuming tenant interactions.

Almost all departments at Ocwen have been outsourced with the exception to their FNMA dept and team who handles GMAC accounts.Ocwen is now working all of their accounts in Equator which can make things a little easier as you no longer work directly with an employee from India who is not very sure of their actions as they are most likely new and lack training.Are you already in active review with Ocwen?

@Chris S...did you get this figured out and handled yet? 

I have similar situationsI usually only refer the vendors within my network. my own vendor is outside of my REI network. i only started to refer him bc he and I have reached a level of trust I can refer him.my fears are:1. he can't handle multiple jobs as well as he thinks he can2. what if he doesn't do a good job for my referal, or there is an issue and conflict. reflects bad on all of us.

I'll agree with the other MA landlords that pretty much think you should return the deposit no matter what condition the place is in or how much rent she actually stiffs you.You did NOT handle the deposit even close to right so she would probably win and get treble damages from you.First issue is that you must have a separate account for each deposit.  

I am 36 now, but when I was your age I was deeply in debt, had awful credit and had no sense of how to handle my finances.