Either way, I would still communicate with your tenants as people often don't read their leases. 

Tom- you haven't learned yet that it is a complete waste of time to TRY and communicate with certain posters on here?

Supper efficient, everything new, and very marketable to rent or sell.Just my thoughts, maybe I'm way off in the weeds with this but the labor for this house is cheap.Mike

It has been under bank ownership and run by the bank since January now and I know that they ar enot doing the most efficient job, I cna only assume it was the same for the previous owner. the property was purchased by the previous owner in '04 for 1,660,000 so I cna only assume he had too much debt and was not operating efficiently.rents are:48 1BD/1ba units @ $37520 2Bd/1Ba units @ $4754 3BD/1BA units @ $575currently 77% occupied.I have yet to tie up the property for further due diligence, but from what I have noticed thus far the roof and windows are quite old.

I have done deals here, got advice, offered advice, met some great people in person, and communicate near daily with people I have gotten to know on here.

If you choose to turn-key, use your research time to find the best turn-key company (again, references, telephone conversations, personal impression and connection is very important, as you will be communicating with this one company or person for all aspects of your business investment).6) With turn-key companies, you often do not need to visit your investment area at all - do so anyway, at least sometime during the first year after you've purchased, simply to get a feel for the people you're working with, the area you've bought into, and verify or alter any assumptions you may have made from abroad.

Both homeowners have already communicated to me that they will take an option that has them walking away with no funds out of pocket.

They are estimating 20k plus in upgrades such as hurricane impact windows and doors, brand new energy efficient AC units and duct work (to ensure soundproofing) and insulation.

Communication is key at all times.

Of course everyone needs to know how to communicate, write, do math and have social graces.