However, he was responsible for showing apartments, handling all repair issues, seeing that rents were paid on time, keeping the outside areas and hallways clean, etc..Because he was always "on call" 24/7 (and my mom was expected to help out with the cleaning) he was given the basement apartment to live in rent free in exchange for a small salary (which is why he managed three buildings; one would not generate enough income for the family).Perhaps your applicant doesn't want to live in one of the properties he manages.Gail

 have got this affidavit of non compliance (see photo attached)my local friend (I live in Israel) who is also my property manger - went to the city to handle it and came back very confused.do you know what to do??

have got this affidavit of non compliance (see photo attached)my local friend (I live in Israel) who is also my property manger - went to the city to handle it and came back very confused.do you know what to do??

Hello Everybody,Please recommend a real estate lawyer in Indianapolis that has experience in working with out of state investors, can handle funds transactions, and most important serves as an escrow agent.Thank you!

In the back of my head I feel like there's a loophole I'm missing and he's going to walk with my money.Should I be paying the premium of having an attorney draft all documents and handle the transaction when the purchase price is so low in the first place?

Depending on your interest rate your refi might actually help reduce your mortgage payment and increase cash flow. 

IMO that strategy shouldn’t last longer that one year and you best be sure you can handle to load. 

There is a plethora of vendors available who handle title, site visits, loss mitigation, legal/foreclosure, property preservation and property sales -- all can be directed via phone/email. 

After that, you want to calculate how much it will reduce your housing cost and if it’s significant, then it’s worth a deeper look.

The competition is so high that beginners like me might not able to handle .. may be for the SFH, but less cash flow.