Even if your property is clean and just needs basic tasks done, if your management team can't do the make ready for several weeks, then there isn't much you can do unless you want to take on the work yourself.I should have spoken with a property manager and got the make-ready estimate done during the inspection period prior to closing.

BP is maybe the greatest free resource to help you get started in Real Estate Investment there is on the internet.

HI Alex,You know the trash piles will still be there after he is gone.Getting him gone isn't such a hard task, although the cleanup will be extra money and time.If he's senile or out of touch perhaps call your local elder services to look into his situation.Just my thoughts.Good Luck!

I'd like to possibly have this a 50/50 deal, but  I would do the leg work as far as working with the contractor, getting insurance, taking care of utilities, and dealing with the both the purchase and sale of the property and whatever day to day tasks come up. 

Hello Fellow Investors,As investors continue to scour the internet looking for multi-family deals hoping not to step on a land mine.

Hello BP Members, I'm a new realtor and I have been tasked with getting 2 listings by the end of May.

A recent ad on the internet mentioned that Lakeland, FL was one of the fastest growing real estate markets in the US, don’t know.

21 years ago I decided that I didn't want Property Management to a full-time job even though I was going to self-manage each property.Now I have 28 apts with 60 or so tenants in 8 multi-family buildings in Brooklyn, NYC.I use a LOT of technology including electronic rent collection, electronic locks, internet controlled Thermostats, WiFi Cameras, Cloud Based CRM, Electronic Signatures (DocuSign), automated expense payments, etc.

You might even give your children some age-appropriate tasks in your house hunt.

For that amount, just run a model you find off the internet.