I do need to cover the remaining $9,000 out of pocket (I am in a similar spot, billed monthly and the leak started soon after the last reading)The company does offer a payment plan, but, since the bill in in the tenant's name he would have to go on the plan and I would need to figure a way to pay him monthly. 

I was able to offer quick closing to help the seller out in offloading the property.

Thank you  Do you own the property or are you trying to get a bid so you can than make an offer I was trying to get a bid so I know how much to offer.

@Hunter Schenk can't help with experience, but curious if the city will force you to offer a percentage of the units at "affordable" prices?

An Air BNB COULD be active and subject to SE- however it really needs to be fully operating like a hotel, offering much more in terms of services than what most offer.

Cities and regions experiencing economic expansion tend to attract more renters and offer better long-term investment potential.

A cash out refinance is set up on a 30 year mortgage so it offers a lower payment and rate.

This framework should be comprehensive, covering all key areas of property management including financial management, tenant relations, routine and emergency maintenance, legal compliance, and property marketing.Identify the critical traits, skills, experiences, and credentials that distinguish a high-quality property management company.

The property I am making an offer on is turn-key.

A lot of times they will prominently display an appealing cap rate, and then you look at the offer memorandum and it's clear that they are advertising a "projected" cap rate based on "projected" rents.