Ryan,I feel your pain my man!

There is absolutely no debate that if you have 10 rentals, all belonging to the same asset class, that were the class suddenly to go to hell in a hand basket you aren't going to be in for some pain---major pain.

Every State and Commonwealth has their own laws (think State's Rights).Counties make have local rules, but not laws.Since there different types of probates (formal, informal, small estates) the timeline may also differ.In addition, with a formal estate the administrator will typically have certain interim powers that are not applicable for an infirmary probate PR. 

Yes, I've spoken with several designers now and not just the fees, but the requirements for big ticket improvements like double pain energy efficient Windows, new water line, etc...it adds up fast!!

I just graduated in May with a Bachelor's Degree in Business Administration, and I'm trying to jump into the investment side of the business.I've been interested in flipping for a couple of years now without the resources (finances) to make anything happen, or to even justify the risk.  

That would be the person in charge of the probate (executor, administrator or oersonal representative).

But there were probably a few years where it was painful owning that place. 

The existing flooring was nailed down with these flooring nails that were a pain to try and remove, so we ended up nailing them down further into the wood in most cases.

The big trick seems to be getting through the first year, which is just going to be painful, no matter how I slice it.So, that's what I'm thinking.

Yeah, rent control is a huge pain in the *** in Oakland, hence vacant properties selling for a healthy premium over those with tenants.