None of my friends or family are involved in real estate which is fine but I can’t ask somebody who knows nothing for advice about something I wanna do or if I do they tell me I should wait 5 or 6 years to do this because I’m young(23) or save 50-60,000$ first.

I understand the idea of just compelling them to move without giving you the hassle of evicting them but you can have that conversation without involving hot beverages.

These people don't realize or don't stop to consider that there's a borrower involved with legal rights and that they're buying the note and not the property.

@Skyler Martinson1) I would probably actually fly out there in order to do the following:* Drive/walk through the neighborhoods* Meet up in person with the property manager2) HUD is involved because my tenant gets some form of government housing subsidies, my tenant actually pays a tiny portion of the rent, most of the rent is paid by HUD

Although to be fair I was involved in 2 or 3 sales where the buyer (not represented by me) used them & did make it to the closing table.

No shortage of motivation here, I look forward to learning from everyone involved in this community !  

I have my inspection tomorrow and met with the broker today and he said they were just sent a letter from a lawyer saying the seller going to be sued relating to a separate business he’s involved in.

I know there are some tax advantages involved (currently my next reading topic).

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Still, real estate is different in that shelter is a necessity (versus say me selling pies, if I charge too much you can always buy cakes instead), which means that invariably government will be motivated to get involved.