As for repatriating the proceeds to Germany, an accountant should be able to advise him on any tax agreements between Canada and Germany/EU that may be applicable.  

As soon as I have this 3hr class complete I can submit my application for my RI RE broker License.

Buyer shall serve Notice upon Seller or Seller’s attorney of any defects disclosed by any inspection for which Buyer request resolution by the Seller, along with a copy of an pertinent section of the applicable inspection report.

Advertise your optimal rent and see what kind of applicants you get?

If there is a web based application form that'd be great to see as well.thanks!

I did write about the eviction a little here http://beta.biggerpockets.com/forums/52/topics/117209-a-lesson-learned-in-courtNormally, this is fairly easy to prevent with a few pertinent questions to the applicant, but when it is a PM company, particularly a large one that is unwilling to share much information about an applicant, it may be very difficult to ascertain who will actually be living in the property.  

I am not saying this to make you feel bad, but rather to remind you that we have all made mistakes and that you are doing the right thing by coming here and speaking to attorneys to seek solutions.The laws vary from state to state, and the reason why you may be getting different answers is because sometimes there are overlapping statutes that may be applicable to this rather vague and incomplete document.

My tentative plan would be the following:1. caretaker would be "eyes and ears" and clean building, mow and shovel2. caretaker would show vacant apartments and would fax/scan applications to me and I would screen.

Delinquent taxes are at least $54KMy (conservative) ARV estimate is about $77KI haven't set the appointment yet, but the seller says it needs a new roof and some float and tape work in the dining room area.I feel like these numbers are cutting it too close, to call this a deal.Any advice would be appreciated.Thanks,Keleigh

I've also approved another lady's application.