I'd let it lie fallow that first year just to be safe.

Do you not think they would lie to you especially if they can unload an unwanted asset & get some cash in the process?  

However, the business of property management is changing quickly with technology.

Plus, for me at least, someone taking a credit card tells me they're making an effort to stay up with technology and are ok with the electronic trail that creates.

Would lie about paying the next day then a week later still hadn't paid, etc.

After learning more about the labs, they are older and will probably go upstairs to sleep and just lie down.

It is highly unlikely that you are including all long term expenses on the rental and therefor are not likely netting $400/month.However:Since you have $50K lying dead in the property and cash is valued at a minimum 10% by investors the equity should be earning $416/month from your cash flow placing the property itself at negative $16/month.

Let's us technology to protect us not let it give harm to us!

I pride myself with being on time and keeping the communication going between me, my customer and anyone else involved in the contract.I am always learning new technology and what is in the market, so your property or offer can be the first.Professional Experience- I am a Retired Law Enforcement Officer after 25 years.I know the importance of working with others and the team concept.The team where I am working at made that a very easy transition.Since I went full time with them and I have taken several courses to assist me in completing and closing the best contract for you.

HelloI would like to know just how viable and feasible it is to invest in real estate at this moment, i have been advised to invest in funds such as Index Funds, mutual funds and hedge funds but my interests lie in properties/real estate.I will appreciate more details on where to look, what cities or neighborhoods to stay away from and also is NOW the right time to purchase for investment purposes?