To be honest though, the idea of this duplex without a fixed rate, scares the heck outta me.

Honestly with rents this high, you could probably get this lower and still have a happy PM)Vacancy $420.00 (Is 10% a good number for your neck of the woods?)

But I'll be honest with you.

It really does help a deal go smooth if you are honest and upfront with the sellers at first.

If anyone in Dallas, Texas is looking for a top quality and really honest repairman, PM me and I will get you his contact info.

I know many wholesalors say that they are cash buyers themselves and they will be buying it but I have a hard time morally saying that.I usually am honest and say that I have a partner that will be the one buying it because he has the money and I will get a fee from him.You must chose a title company yourself.

About every other tenant I get starts the renting process from across country, my main thing is that I am as honest as possible about the property and look of the neighborhood and have even emailed a video walk thru to them since photos can be deceiving size-wise and make a 1000 ft prop look like a 1700!

Honestly buying cash with an advance on a credit card was a bad choice.

I am still TRYING to get the paperwork from the previous property management company and honestly-don't think they have any.

I honestly may give them a try now.Congratulations on your recent deal!