I can give super early advance notice to my tenant.So today I start researching non-renewal letters, and I came across this amazing "Relocation Assistance" that Portland instituted.

And an important side benefit is that you'll have the guidance of a broker who will keep you out of trouble by making sure that you follow the law to the letter. 

You'll get a letter from the county congratulating you and asking what you paid...throw it in the trash.

I know it sounds Easy but here are a few things you SHOULD have ready to Buy.....Pre-Approval letters (More than one, Just in case)A Healthy Savings Account( There will be Fees and there will be Home repairs after the purchase)A Good Local Realtor that Understands and Knows your Needs. ( Realtors like local Realtors, It's Good Business)Run your Numbers!!!

hi everyone, this is my first time posting to bigger pocketsi am an airline pilot in my mid 30s and looking to create a new life for my wife and myself and our baby on the way. i have dove deep on BP and been scouring the bookstore and the podcasts and learning as much as i can about investing in real estate. we currently live in a 1b/1ba home we own, and no longer owe any debt. i bought it for $120k in 2015 with 2br/1ba, met my wife the next year, she moved in and we gutted it and rehabbed it ourselves (aside from some structural flooring stuff and the final electric and water connections) and blew the tiny bathroom out into the adjacent bedroom, making the house a 1br/1ba. we did all the framing and flooring, paint and drywall and fixtures ourselves. we plan to add an additional bedroom or two, and possibly another bathroom, in the unfinished attic at some point. i was granted a HELOC for $120,000 with my local bank after it got reappraised a month ago at $163,000. i think we spent around $25,000 on the rehab so i'm feeling pretty darn happy about the situation. obviously the covid exodus from boston and new york have pumped real estate prices but we dont really plan on selling any time soon; but possibly renting it out if i get relocated for work.i am trying to find my first investment deal, and my wife and i have narrowed down our plan to aim for a rental with cosmetic rehab and solid tenant base. we thought about house hacking. i'm not sure of where i'll be sent next with work, but i will be sent somewhere else soon. our local market (vermont) is not very landlord friendly so we are looking at long distance, self-sufficient rental as our first investment. i am leaning toward student rentals, and after searching and comparing prices and stuff we have chosen to focus on a few different college town markets in the TN, KY, WV region. i have found a property i think might fit. its a triplex with three 1br/1ba units and off street parking, split utilities, w/d in each unit, located a half block from campus. it seems in decent shape, its been on the market over 200 days, and is listed at $190,000 in a market i believe i can ask at least $750 per unit for rent, which would bring my cash flow to near $1000/mo if i used the calculator correctly.what next??

I know the market I want to target, I know where to get lead lists, I have an idea of what I'd say in my letters/postcards.My question is, when the recipient of a mailer calls and leaves a voicemail, how do I assess the condition of the property to give them an offer?

Include a letter that explains the tenant must cooperate with you and apply for assistance and they must communicate with you.

No Calls, No Letter, No emails. 

I have a good idea of how I want to style the letter so that it stands out vs others.

There are zero ways possible.How can you do the first two letters (Buy and Rehab) with no money down?