Lots of investors, especially out of state investors, buy here because of the siren song of high returns only to never actually see those returns because of non-paying tenants, continuous repairs and vacancies.

So, I invest in near our local college.... however, I’ve never inherited non-student tenants before.

and how do I go about accurately estimating these cost..comps in the area are going 85-90 per sq ft.. non rehabbed (80's to 90's) style houses.so 196 sell for-ishMy question is.

I personally would go a cheaper route and just hire a cleaner from Turnoverbnb and a VA from the Phillipines.

But when I went to my attorney (in Buffalo) wanting to do a rent-to-own, he says he doesn't like them because they aren't enforceable and you can't just evict the non-paying tenant and that it basically ends up being a foreclosure.

Since banks will only do 70% LTV on multi family non-owner occupy refinances is hard money my best bet?

I'm looking to really learn as much as possible about different real estate investing strategies, more so with a focus in wholesaling, and non-performing note investing.

Non-owner occupied only.

Personally I would non renew her lease in January and find a new tenant to start fresh.

but if for some reason you had a hiccup or loan got called and the seller is now getting letters that their credit is getting trashed from non payment that's when you will have issues.. generally they lawyer up you get a bunch of nasty grams etc..