Secondly, on redemption rights with a judicial sale in Oregon anyone could have bought those rights, so if you haven't made arrangements with the seller you will have to wait out that redemption period (180 days) while someone else sits on those rights.

I think 2 years is a long time to sit idle and learn.

I will say this, it does a building no good to sit empty with no heat.

Jon,I always tell new landlords to go to eviction court and sit in the back row and see how the eviction process work and after that visit your constable office and find out what constable that works your area and introduces yourself...

I had one unit sit empty, vacant, and unrehabbed until October of this year.

This can help ease that main road feel.I'd try to lease as they sit today (or as close as I could get away with), stabilize, and get a feel for the market.

We'll err on the side of pricing that one high and letting it sit for a bit if necessary.

It all depends on how you position things to them.Keep in mind a lot of busy professionals only get 1-2% return on their money as it sits in their savings accounts.

After inspection, termites were found through out the home and since the house sits on bricks, there's issue with no mortar on most of the bricks, slight water in the basement.

My "uncle" ( not related through blood ) who has no next of kin except for his sister and children. ( my uncle and his sister have absolutely no relationship, and he has no relationship with his nephews or neices )Wants to give me his business and the land it sits on.