I think if you give the garage to another unit that may create bad blood between the tenants, so be prepared for that.

Be prepared for the costs associated with holding longer.For those looking to rehab and sell, you most likely find a depressed market to sell into.  

Also, be prepared for a steep rental cost!

I would be prepared to do some rehab in that area. 77003 (EaDo) is trying to be a decent area, but the prices have been climbing up quickly.Andrew is right about the two things he mentioned about the UH area.

A complex manager will expect you to: research and present the best contracts for lawn care, snow removal, trash, handle fire department inspections, mortgage inspections, arrange for yearly maintenance of all fire systems, serve as direct liaison between local municipality and complex; and prepare an operating budget. 

My husband and I are preparing to return to the real estate market as investors.

Evicting in MA isn't easy to begin with, but you better do everything exactly correct (where the attorney comes in) and be prepared to lose that cash flow for the several months it will take for eviction.  

Hey everyone, As I prepare to start a local REIA, I'm curious as to what is your favorite part about the REIAs you attend?

Mentally prepare for that.

Hi everyone,I'm in SE Michigan and I'm preparing to rent out my first home.