Serve the proper notices required for entering the property to assess the situation and do repairs.

You need to have someone assess the joists and subfloor.  

You just say it is a maintenance inspection which you are looking for items to fix but real reason is to assess damage they just do not need to know that.You need to know eviction timelines for your state in months and also need to know how much reserves you have if you had to get them out.

make sure to take some time to calculate repair expenses and consider getting back to him within 24 hours so you can "calculate repair costs" and buy some time so you can fully assess the value of the transaction.

But we'll likely be providing deals there (and dozens of other cities) at some point this year.

Thanks James :) The questions you posed yesterday and suggestions from others got me out of nervous mode and into assessing the reality of the deal.

Establish a consultant type agreement with an REI to provide property location, property assessment or analysis or referral service etc.

Over 30 text messages, half a dozen emails, I spoke to my bank's wiring department to double check, verified and faxed them the wired transfer confirmation...they said they don't have it.

Sounds like a special assessment then, tell the to fix the driveway apron while they are at it!

I'm having difficulty assessing if the quantitative financial benefit (faster growth, but with ownership dilution) exceeds the qualitative management cost.Has anyone gone through a similar experience?