To Taylor's point and especially in the foreclosure situation - you need to perform.

@Odie Ayaga yes sir, there are several here in Colorado that are asset based lenders, so they don’t perform a credit check.

Self performed budget: $7000.

So as I mentioned, I have a serious distrust of realtors in general and as an appraiser, am skilled at research and trained to perform due diligence.

@Tylor Gray I use the app "LetGo" and will mostly use "Task Rabbit" when I am in a pinch. 

Everyone was on the same page as to who was responsible for what (money, tasks, etc...) 

Hello BP,I have been a GC/project manager in the Indy area for the past 7yrs, mostly in the MK/Bripple/north suburbs areas performing higher-end client remodels.

The operations aspect using remote management and software for a majority of tasks in a self storage business and renting is right up my alley as I currently work for a real estate tech company in operations/sales.

It is probably OK cash flow that may out perform because it is self managed and the owner is local which may allow him to do better than the 50% rule.  

Additionaly after 3 years some investors start wanting their money back regardless of the hold period and performance of the deal.