I also did a flip in Pearl City - I think it was Waiau Gardens - where the LH owner was behind in his lease rent (or mortgage - can't remember, maybe both) and I bought the fee at the same time, effectively canceling out the LH.

Another STeve Vaughn pearl.. that is the ONLY litigation I have been in as a landlord is I would not give back the deposit they took me to small claims.. and that only happened ONE time in 500 plus homes owned..  

Not one of them shady recent-dad-killers.My vote for funniest is the $250 liars fee paid in advance.And my little pearl of wisdom to share: don't rule out a tenant just because of an accidental house fire.  

All great insights already here Winn, but if you are able to oversee the painting, there are some ways to help with this often unavoidable turn over expense....For example, this time insist on some high end paint (think specialty paint store or the very best big box stuff); try a pearl or washable finish; I like one color for all the interior of all my units, ideally a white that can hide some imperfections (know and keep the code); this means no color or matching mystery later; then on the next turn over, see if you can't get away with just a wall cleaning; use a damp sponge mop with tsp or a tsp substitute  (and then rinse it with a clean water and a damp sponge mop)..not too much water, just damp.. 

Thanks in advance for any pearls of hard-earned wisdom.

The location seems (on the surface) to be ideal due to all the activity of expanding the Pearl district towards Govt Hill. 

Hands down the best you’ll see in the continental US.

There is one on Pearl street in Ypsi.

hi I'm Kurt stevenson, I am currently in the navy stationed in pearl harbour Hawaii, and  hope to be in charleston, SC in the next year.

Here's a couple pearls of wisdom for using BP:If you want to find events that are going on in your area be sure to check out the Real Estate Events and Happenings area of BiggerPockets.