Then you can control the cost better too and train the person to do what you want.Or just sell it all and time to become an investor in  EFTs or stock.

This way you still control the asset for the long term, and you can take advantage of the current low interest rates. 

these are BRRRR homes.. so instead of paying cash or HM they get to get control of the deal and pay ZERO interest while they rehab and then refi and pay me off. 

GP shares have control rights, LP shares do not.Syndication can be used to acquire just about anything!

You also want to make sure that your area doesn't have rules around rent control or maximum rent increase.

It is a rent controlled building for another 6 years, then the rent control falls off as well as the tax abatement.

I’ve never invested out of state before so this is a new venture for me.

@Paul MooreThanks for the insight.So one possible future could be1. out of control inflation2.

They could even gift extra money to you, so you control and manage it. 

The real goal of eviction (in my opinion) is to simply get the tenant out so you can gain control of the property and re-rent to a new tenant that will pay rent.If the eviction goes all the way (where tenant does not vacate, you get a Writ of Possession, the constable shows up and you/your crew remove belongings to the curb) the tenant will have it on their record for 7 years.