Eviction process takes time and money. 

How are you plainig to pay for the sub-diving process?

My mom has no existing mortgage or any form of lien on this property.We accepted a seller financing offer, and are currently under the closing process.

NOI/variance, weekly leasing updates)- Tenant screening process (what software do you use to vet tenants and set them up once they are approved, how do you keep track of marketing/, do you handle lease preparation, how do you handle tenants that pay rent late (or not at all), etc.)

I am going through a similar process now,

I am asking  because I want to know if it is a good idea since I am brand new to the whole process.  

The idea is to create cashlow and wealth through equity and appreciation so the plan we can build few units , sell them and split profit 50/50, while I am the boots on the ground overseeing the process of building from start to finish, meanwhile the partner brings 100% of funding. 

I am in the process of exploring property management companies in Dutchess County, New York, and I’m reaching out to this knowledgeable community for recommendations.

One lesson learned is that the closing and purchase process could have been more efficient.

The hardest part about section 8 is getting the process down, like what to do and when.