Good luck in your ventures.

Assets in your name tend to attract shark attorneys.For solid info about DIY trusts, visit nolo (dot) com, and also research: "using land trusts to buy and sell real estate" via google.  

Units in this development have appreciated 26% since 2015, which is about middle of the pack where condos are concerned.As noted it needs appliances, the only other thing is blinds for all windows since there are no window coverings and I don't want tenants diy installing the absolute cheapest stuff they can find.

I am not trying to challenge what others are saying, just trying to put a DIY landlords perspective to show reading this thread.

Hi Welcome to Biggerpockets @Eric Hornung Wish you all the best on your real estate ventures!

I wish you luck in your new ventures.

I believe in coaching but the thing is is so hard in this business is to have a time to talk to sellers and buyers and agents.I would get my sales license first, and then work as a listing agent for six months to a yearI would learn my state sale and purchase agreement and be creative with Sub 2 existing mortgage, tenants in common, all sorts of creative contractsI would find some private lender money and joint venture money so that I can do deals without banks or creditThey I was taught by a business owner with 40 years experience; he paid me 500 per . week regardless my productionI coach people for 12 months at a time.

This thread is one of many on here where a student of those courses is looking for direction after realizing their tuition fees to the guru seminar left them unprepared to venture into the asset class while believing they should jump right in.  

From the visual, it appears to be an REO (field service notice in window) and it appears that maybe a DIY rehab/addition based on the missing outlet at 6' on the far wall?

Wish you the best of luck in your venture