I have considered turning this into a rental and holding it for a while but I would have to come up with the funds to buy out my siblings since they are not interested in being landlords.

I understood that as a landlord you have an obligation to maintain a safe and fully functioning structure for your tanants. s this the not the facts here in N.C.?

I would buy something like a 2 3 or 4 family live in one of the units and rent the others out. ( house hack ) you learn how to be a landlord.

Seems like a high price to pay but if you spend $2k tracking down various people and it lands you 1 deal that makes you $10K then it is a good return.

The target end buyer for the whole sale would be a land lord or a first time home buyer, but then i'd basically be putting this property under contract and re posting it on the market as a FSBO.

I've been through 4 PM's and they all have the same problems.1. the managers have WAY too many properties assigned to them so they are always in triage mode and the other stuff (like finding tenants, communicating with landlords, collecting rent, and everything else you pay them for) falls to the wayside. 2. most PM's have never owned a property. now, I know this is hard to ask for from all PM's but if you're a small investor like I am then I think it's imperative to have a PM on your side the really knows the market, and what's at stake. 

I also lived there for several years and have been in different neighborhoods, so I have a fair lay of the land.

Residential properties up to 5 fm.Also lately I'm looking for vacant lands for development.Sometimes i have wholesale deals that I'm flipping to other investors.Kobi Nagar

Therefore many attorneys don't understand assignments; simultaneous closings; land contracts; structuring owner financing; or purchasing subject to.  

If you don’t still do it with a “ghost” property or another wholesalers property until you have your own inventory. 8) HUD Landlords (Section 8): Get a list of Section 8 properties for rent from HUD.