This is how I discovered he has a side-business and account and has been making deals without my knowledge.I literally caught him red-handed when pictures of the check showed up in my account.

On the other hand, how muchmoney/time/effort does it take to deal with any legal matters associated with having lease contract drawn up, screening tenants, etc?

If it is more than $140k, maybe you could take this off their hands for $110k and lease option it to the current tenants.

So, I can legally advertise that I'm a home inspector in the state of Georgia without ANY consequence whatsoever.Back to the OPs point -- if he were in my state, he could write up an inspection report and hand it to the seller, and it would be perfectly legal.

Find a handful of cash buyers and determine their buying criteria2.

It's at the top of this page, right hand side, under the blue bar where it says naviagation.

I'd always be nervous of long-distance investing, unless it was a larger, more "hands off" property.

Make sure you take some of the photos with the tenants in the photos to prove they were actually taken at the time you handed the keys over to the tenant).

Many sellers like banks want to be sure yo will be able to close the deal so they want "Proof of Funds" This could be bank statements showing cash on hand, lines of credit or letters from Hard Money Lenders.

As reported, many have changed hands a couple of times since then.The current "down cycle," as reported in the Republic, has lasted over 6 years.