I know now I overpaid for the property and my due diligence process was not thorough enough.

Not a fan of the Myers Briggs test or other personality tests that were developed in the 1940s based on the totally untested theories of Carl Jung that are now thoroughly disregarded by the psychology community either.

Hey Bill,I appreciate the thorough answer and advice.

Hi Marina,I believe others in this thread have covered the topic thoroughly, so I'll just add where you might be able to find some lenders - the "Network" tab on BiggerPockets has a hard money lender section where you can browse and potentially speak with some lenders about your client's situation.Best,Michael

The Property Management company will thoroughly screen quality tenants, collect rent, evict if needed, update routinely on repairs and needed expenses, and handle property utility bills.

I know that if I were to sit down and clear up all the terms very thoroughly I would get them with practice.

What contracts do you use for these deals (clearly I am used to thorough contracts in CRE, but I know in wholesaling residential real estate you can do so with a 1 page contract or double close)3.

Best advice I would give would be do a thorough research about the HOA.

I have spoken to a few attorneys and CPAs, but the folks I've talked to don't seem to be thoroughly versed, so your counsel here is truly appreciated.

Learning how to screen tenants more thoroughly as well as how to develop a professional relationship with inherited tenants.