I had one particular vendor with high standards that would exaggerate anything he found.My rule of thumb: people can live how they want to live as long as they are not 1. damaging the property2. living in filth that attracts pests3. impacting the neighbors (e.g. odors, junk detracting from the neighborhood, etc)4. creating an unsafe situation (e.g. hoarding and rescue workers can't access the home)When I visit a property, I document any issues and talk to the tenant.

Hi all, I am familiarizing myself with at the Lincoln market and wondering whether any local investors can shed some perspective on overall property values relative to rents in the area.

If you fail to pay your mortgage, the first lien can get control of the property or recoup money from the loan guarantor - probably you.

Going with a S&P 500 fund can be a safe easy choice.

Currently an investor must own all of the outstanding tax liens since the first auction, and it must be four years since the first auction, before it can foreclose the liens to obtain the property. 

I try to teach my kids the importance of investing and show them real life scenarios any chance I can.

@Sam Peterson You can utilize different online companies (web, phone apps, etc.) for this but if you're new to REI you could gain traction by making your own.

Can provide more info as needed but partnership buyouts seem uncommon and there are a few moving parts here, any advice would be appreciated. 

I can tell you that no matter the price, this is not a deal for you if you have never owned or upgraded a home or multifamily before.If you have full occupancy and "the windows, roof, electricals, plumbing systems, and gas lines all need major upgrade to bring the property up to date" that means you have bargain rent and enormous capital expenditures.

That deal is in a fairly tough area, but I think they got it at a good price, and if anyone can make it work, probably Rise48 is a great operator to take that one on.