I love the social aspect of it.

From another aspect, she may be able to move on with her life if she is not walking into a room picturing the whole family at the table.

Please define "crappy neighborhood".My rentals are working class, mid to lower income housing.

Although it is important to buy at the right price, it is also (maybe moreso) important to have some well-defined exit strategies ready to go (keep for rent, rehab and flip to owner occupant, wholesale to investor, etc).

But it would take a book to fully answer, and we've had a number of healthy discussions about various aspects of this topic.

The seller may be thinking that you could make a decent profit by flipping at the doubled price, you should also evaluate different aspects of the deal to see that the numbers can work right for you too.Good Luck,

If you choose to turn-key, use your research time to find the best turn-key company (again, references, telephone conversations, personal impression and connection is very important, as you will be communicating with this one company or person for all aspects of your business investment).6) With turn-key companies, you often do not need to visit your investment area at all - do so anyway, at least sometime during the first year after you've purchased, simply to get a feel for the people you're working with, the area you've bought into, and verify or alter any assumptions you may have made from abroad.

IMO, those who do not follow rules or at least make an effort are most likely to conduct themselves the same way in other aspects of their life and business.

Your purchase defines market value.

Probably why you can't find a list is because there isn't one that covers all aspects.