Also, one book I would suggest with a lot of ideas to make things easier for you is Landlording on Autopilot, by Mike Butler.Before selling cashflowing property, I would first check what could be done to improve property management.

I intend to have it professionally inspected but at this point, all it appears to require is paint and flooring in the kitchen.This property will be my first rental and according to a rentrange.com analysis, rents run from $800 - $925 for comparable prooerties.

It appears you have1.

I've been told that its actual numbers.I am planning to request supporting data, utility bills, bank statements etc.It appears that units are individually metered for electricity.

I think it's a little easier to make mistakes or get in over your head on flips.

But as long as your always working toward your goal, it should get easier as you learn things, work w/ more people, generate cash flow, and build your reputation in buy and hold.

I know it may seem crazy, but I'm just wondering if the wallpaper doesn't come down easily (which I bet it won't because it appears to have been there a while) how difficult it will be to fix the walls.

House appears to be in decent shape so I just don't get it.

Fortunately, I wasn't hit very hard by the market as many were during that time period.Lots of new tools, easier and less expensive to get data but mostly people trying to put a new face on the old.

I will check - would be easier than handling application money ourselves.