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.

I can only imagine the look on my wife's face the first time I handed her an envelope with money and told her that was it.. don't spend it all in one place.

-Seeking out and acquiring funding to pay for the house-Finding tenants (no one currently living there)-Also, possibly finding a property management company to help (I want a hands-off approach)-Other steps/costs I have not thought of.I would greatly appreciate any feedback to help point me in the right direction, or even be a "bird dog" for someone else to purchase this property.

-Seeking out and acquiring funding to pay for the house -Finding tenants (no one currently living there) -Also, possibly finding a property management company to help (I want a hands-off approach) -Other steps/costs I have not thought of.I would greatly appreciate any feedback to help point me in the right direction, or even be a "bird dog" for someone else to purchase this property.

I found a company online that will actually create a font for typing letters up that is your hand writing.

And this also allows you to do an interest only loan if you chose too, I think hands down that for a property investor a mortgage line of credit is the best thing going.

If things get out of hand budget wise, you just keep living there.

I usually hand my property to professionals.Any advise would be helpful.Do I wait til I staged it?

Also could use a reference for a decent home inspector.Tracy Royce.......Richard Low and Levi Gale thank for taking out the time to offer a welcoming hand and sage advice.