It would be its weight in gold to find a rockstar agent instead of becoming one, unless you are going to push forward as an agent and sell/buy for others on top of your investing.

However, your friend can put the tenant on notice that any reduction in rent would no longer be acceptable and any verbal agreements with the deceased party are no longer valid. 

Anyone ever exchanged rent payment/cost for maintenence services on a property?My scenario:Mr. Tenant seems to always have some excuse that makes him late (almost 30 days each time). I've started the eviction process ...

In fact, track record holds so much weight, some times you need not bring any of your money into a deal. 

Hi Kenneth,Regarding the structure.Side by side is a better duplex layout than over/under if you can manage it on the lot.No complaints about loud upstairs renters in a side by side.Also think noise reduction between the units, inside and outside, as well as privacy between renters.

It is worth noting that sales price continues to climb but with more options available to buyers and the daunting weight of increasing interest rates, buyers have the ability to be more discerning with home purchases in the MSA.  

In this case, you would more than likely be looking at a significant reduction in home size and location.  

It's like with weight loss strategies or dating strategies: what works for you can be a total disaster for me.Case in point:  @Jim Pfeifer's "lazy 1031" strategy.

Have you factored in principal reduction?

The percentages refer to the percentage of listed houses which had list price reductions in April.