Your buying agent (if you have one, if not you can choose to find one or use the listing agent) will contact the listing agent to set up a time for the showing.

So it seems clear that a LC is quite a bit less liquid than a house, and that is a considerable negative to for an investor who chooses to sell on LC rather than keep the house as a rental.Investors that I'm familiar with who sell on LC, do so rather than keep as a straight rental, to shift the maintenance burden to the buyer, rid themselves of typical landlord obligations and tenant calls, get a down payment that is more than a security deposit, and get a stickier tenant/buyer who makes improvements and has emotional connection to the house and thus will stay long term, maybe even pay off the place eventually.

So, I've made a video of my last house I checked out, a complete walk through (except exterior, which you'll just have to trust me needs exterior paint and some landscaping that I'll do on my own) and I want to let the other newbie's like myself see how my numbers come out.

They are townhomes located in Painted Desert..all on the golf course.

I learned a lot about scraping and painting... and repainting... and repainting...It's always been in my mind that I would use real estate as my exit strategy from having a "real job" and use it to support myself and family at our own schedule, much like most of you I'm sure.

This one will be a buy and hold in Memphis, TN.Numbers look like this:Purchase price $122kConventional 20% down and financing 80%MAIN HOME: 4 Bedrooms, 3 Full Baths, Living Rm, Dining Rm, Hardwood Floors (Currently rented for $ 1,300 per month - Current tenant for nearly 2 years)Updated Electrical WiringNew Heat and Air ConditioningNew Exterior Paint New Interior Paint Refinished Hardwood Floors Remodeled Master Bathroom (12" Tile)New flooring in kitchen and diningNew Light Fixtures throughoutNew Doorknobs throughoutNew Blinds throughout Large Updated KitchenAPARTMENT 1: 2 Bedrooms, 1 Bath, Full Eat-in Kitchen, Large Living Room (Currently Rented at discount for $ 725 per month to same tenant in 1 Bed Apt (Typically rents $ 785/ mo).

He said he is going to tell everything to whatever agent I choose to use to represent me, "really fight for it" ( I don't know what he wants to fight here) and said he documented everything that he showed me about the house. .....

He is a great guy and can help you with marketing if you so choose!

I have a handyman who worked weekends and evenings for me fixing small stuff, painting, fixing leaky pipes etc.

(2) But counterpoint to (1), I've read (on this web site, no less) that a responsible investor tries to paint as complete a picture as he can during his pro forma, therefore it is prudent to include the costs of the PM.Please note: I live abroad and have for a few years.