I'm a buyer if you get it tied up.

We are planning on using a property manager FWIW4) Thoughts on purchasing a rental outside of Charlotte - My first thought was to look only in the 485 belt, but supply continues to seem limited and demand remains high. 

However, this presumption does not apply if the rent is current or the tenant has notified the landlord, in writing, of an intended absence; orWhen the last remaining tenant of a dwelling unit is deceased, personal property remains on the premises, rent is unpaid, at least 60 days have elapsed following the date of death, and the landlord has not been notified in writing of the existence of a probate estate or of the name and address of a personal representativeness.”So is it 30 days or 60?

The remaining leasehold properties are mostly condos with a few SFR here and there (Waimanalo and such).

The rent doe the duration of this Lease is hereby reserved to the Landlord (This means that if Tenat leaves before the stated duration  of this Lease, or is evicted, the tenant shall remain liable for the balance of the rent, subject to landlord's obligation to use reasonable efforts to mitigate any loss).We do not plan to leave the appt before the end of the lease, however, as we know, life happens.

I’m a big proponent of a very specialized 1st position Heloc that’s tied to a zero balance sweep checking account.

If rates stay low and we continue to have zoning/permitting regulations that aren't conducive to building more units quickly, demand will be high and supply will remain low which will lead to further appreciation. i saw a recent study that said sellers prefer offers using conventional financing as opposed to FHA because FHA takes longer to close and has more strict inspection requirements.

The current owner started adding an additional unit to the property on the lower level by blocking off a wall and adding a shower however it remains unfished as it stands today.

So long as the title examination did not reveal anything to tie the judgment to the former owner, the affidavit may suffice. 

@Louis Zameryka if you’re considering a beach STR, and there is nothing familial tying you to Gulf Shores, I think you’ll see better performance year-over-year in Destin.