Depending on your current rent, I suspect you are likely to recoup your investment in saved rent pretty quickly which makes me think it’s going to end up as a great learning experience, even if the upside doesn’t pan out.Make sure you get clear divorce options for the partnership as living in a rundown trailer scrounging for money to fix it could end up rather stressful.

Now instead of just yelling at you all, I will try to provide value.If you do send DMM (I am HIGHLY against DMM), think.

Does anyone else have a provider they recommend? 

Hello everyone, I'm Brian and I work with a private capital lending company, who provides diverse lending solutions for real estate investments.

I was thinking perhaps it would be easier to just bring a general contractor to walk the site and provide an estimate on all the rehab costs, rather than to find separate contractors for each specialized task.For those of you who have worked on fixer-uppers, did you bring a general contractor to walk the property with you and give an estimate on rehab costs?

https://www.redfin.com/city/9764/TX/Katy/housing-market Thanks I was not aware of these but regardless they don't provide much information.

This is more of a commercial product i believe but may be worth checking out depending on how many properties you have. 

Hello folks in Georgia / Atlanta,The Bigger Pockets Book On Rental Property Investing provides access to a comprehensive list of 34 forms that would be useful to a landlord including things like a lease agreement, application, late rent notice, move-in-move-out agreement, estoppel agreement, tenant phone questionnaire, pet addendum, etc. etc. etc.  

Both avenues offer unique opportunities and challenges, so choosing the right path depends on various factors that are specific to your financial goals and risk tolerance.Investing in Residential Real Estate:Residential real estate is typically the more familiar option for many investors.

@Kinnari Pandya depends on what types of properties and corresponding tenants you want to deal with.The Midwest offers lots of affordable opportunities that can cashflow well.