Im hoping due his BK process already being completed it wont take that long J Scott, but who knows.

A former tenant is suing my parents because they kept his security deposit after his non-allowed water bed destroyed the ceiling and flooring of their house.

I just want to see what the condition is inside and take some pictures to make sure nothing is destroyed or removed that shouldn't be.

Thanks Dion and Adam i am going to take both advices and get some more info about the situation ..if the numbers dont work i wont do anything.

@Simon Campbell this is what I was afraid of, but my realtor says that the short sale wont affect me.

That way, you could eventually pull yourself out of management and not destroy your cash flow.

Many are owner occupied by grandmas.Add in the destroyed foreclosures as sales comps and its a mess.Zillow seems to take a square foot sales price and figures out the value from there.

Have you approached the tenants to see what type of work was done since the PM wont tell you?

never marked up but when the family understands the bill needs to paid in full or the cemetery wont open the ground....they pay.

Is fully rehabbed and rented now with a nice cash flow.My bank (BBT) initially told us months ago they'll be able to give us an HELOC for an LLC, however once we went this week to actually do it, now they say they only can do it under our personal property , they wont do one for an investment property under an LLC.Bummer...after asking a few banks with no luck.....more negative karma...then I went today to Wells Fargo ( thanks BP for the tip!!)