It is a two unit duplex and one is currently rented, the other needs a few repairs and should be ready to rent in a month.

Just the nature of a multi unit is a higher priced investment, so you immediately narrow your buyers because it takes more money for someone to buy it from you when you're ready to sell.

In most areas, you cannot charge anything for the labor you personally put into the make ready process.

There have been some business card threads where people have posted pictures of theirs and asked for advise...you may consider doing the same when you are ready.

Figuring that any rent increase from a new tenant will be offset by my make ready costs.Now if I could increase rent by 20% that's a different story, I'm jealous!

Each time someone moves out - you need to go in and do lots of repairs to get it ready to show to the next possible tenant.

The latest word from the apt manager is that they think their apt will be ready to move back into 2 more days from now.Shouldn't the apt complex management compensate them for each and every night they are out of their apt ?

And then you'll be held to that.But again, it sounds like you're new to this, which means you're probably not ready to deal with all the aspects of selling a house (dealing with agents/buyers/showings, negotiation, contracts, coordinating inspections/appraisals, dealing with closings, etc), and you certainly don't want to leave this all up to the buyer's agent.So, find a great listing agent to handle all this for you...

I used a real estate investor lawyer here where i live and he had all the ready document that i needed, so i would advice to do the same. you can even add or delete closes once you have the "base" draft

The president of my local REIA advised newbie note investors to read Invest in Debt by Jim Napier. It was extremely helpful for me & very interesting IMO...in fact I just got it last night and have already read t...