Won't even go into the water quality, how clean the natural gas is, temp settings or voltage surges.I don't know how many members here manage or oversee more than 1,200 units, but preventive maintenance is necessary to reduce costs, especially with collateral damage from an element failing.

In America, natural gas is plentiful and cheap.

Good point Chris.Also just saying the partner gets money for the next property or we get money for the work we do.....better see your attorney.Lack of specifics in spelling everything out causes problems in a partnership.It's human nature to start thinking that one partner is doing more work than another.

I am not new to real estate, but I am new to the area and would love to pick a seasoned agent or investor's brain in exchange for some light office work or something of that nature.

The section 8 tenant was resigned for another year due to nature of the tenant.Roof and chimney was redone in 2009, new gutters installed.Plumbing was replaced in 2009 (main stack and drain)forced hot air furnaces for 1st and 2nd floors - 2004Electrice baseboard for 3rd floorall hot water heaters replaced within the last 6 yearsEveryone is up to date on rent, and he is willing to provide me with signed statements for verification.

Do I need to find an investor friendly mortgage company here in Indy that deals with creative financing and deals of this nature?

Despite the amount of work I know is coming up, I think I will really like the new challenge.

I am hooked on Real Estate, and each day is a new challenge

Attorney review is also in IL contracts and yes - during that period you can basically back out for any reason - just have your attorney challenge something in the cotract

vrbo.com and HomeAway.com are changing the vacation rental industry and are now challenging the hotel industry and integrating with mainstream distributors like Expedia.