I have a tenant who is behind in rent by a month and half.I want to evict this tenant.

found by my amazing realtor in A class neighborhood!

Many of them will jump into property management, thinking they can retain clients and earn some easy money by collecting rent checks.

I only have student loan debtI have a full-time remote jobI have no prior experience in real estate investingMy credit score is high 700'sHere are the details about the property in Zenda,WI:Asking price: $235KIt’s being sold by out-of-state heirsIt needs at least $50K in repairs and updatesThe neighboring house recently sold for $235K (though I don’t have details on its condition before the sale)A family friend who owns a construction company assessed the property and noted the following:Replacement Needed: Furnace, Water Heater, Water Softener, Floor (concrete replacement needed due to unevenness), Roof, GuttersUpdates Needed: 1.5 BathroomsConcerns: Black mold and water leak marks upstairsRemodel Suggestion: The staircase is very steep and narrow; recommended to relocate and extend it into the living spaceAdditional Work: The property slopes downward, allowing rain to flow into the house.

I think you would have better marketability by adding this instead of the washer/dryer hookup

Originally posted by @Jared Irby:Originally posted by @Steve Babiak:Some interesting reading here.

Yes,You can get preapproved by multiple lenders to see who has the best terms.

Will the new properties be collateralized by the loan?

Originally posted by @Amina Sanders:Thanks @James Masotti for the heads up!

It requires a corrective deed to be done by a family member who is the one who was part of the original deed disaster and why a corrective deed is required to be signed by him.