The lender is going to consume some of the gain via the sweet, sweet fees that they will charge =) and you've got 100K+ of equity stuck doing nothing for years.Make sense?

This is going to be a time consuming patch job.I have new renters waiting to move in, I do not want to hire a contractor, they will not be fast enough, they will not do a good enough job either.How can I charge the deposit for this? 

Evictions can be costly and time consuming.

And using your $6k for closing costs, repairs, furnishing would likely be the best use of that cash, unless you have consumer debt.

@Jacob PhamIf you get caught up on all the BP podcast episodes and need some more content to consume, there are a few really good podcasts that focus on real estate investing by military members.  

It is now saying that I have consumed $35 in electricity when I have only been there for one single day. 

Theres ways to get him the power of attorney but every way you look at it its gonna be time consuming if theres no Will in place already 

Being a landlord can be awfully time consuming, difficult, and confusing with such rapidly changing laws in this environment.

It makes developing, and just doing anything to a home very time consuming, expensive, and cumbersome.

It makes developing, and just doing anything to a home very time consuming, expensive, and cumbersome.