What you want to focus on is them getting out asap and leaving your unit in the best possible shape.

There are still areas in Providence where the cash flow compares with Bridgeport and I definitely see more positive trends in Providence. 

If there is a hiccup in the renovation though, holding costs can balloon quickly so make sure you know what you're getting yourself into and there is plenty of meat on the bone before you do it  the reason hard money even exist's is the banks don't offer this product to all but the most WELL QUALIFIED borrowers if that.so there was a big sucking sound out there in the finance world for fix and flip loans for properties that are not in good enough shape to get government backed loans  save the 203k loan program.. other wise your right this is best done with your personal cash and have no loan on the property that's by far the best way to do this.

Both are very geographically large neighborhoods (Germantown especially so) and so I personally would spend time understanding what pockets within those neighborhoods are trending up.

Seems to be a common trend here.

One of the quickest ways to get up to speed is by reading local news, such as the Phoenix Business Journal, which can help stay up to date on local area market trends. 

Read articles and economic reports, census data, job trends and employers. 

Apparently evicted a tenant (who went to prison), while I was in Afghanistan, left the property vacant and in bad shape (fortunately just filthy, not much in terms of actual damage), and didn’t bother to tell me until I got back 6 months later.

So in the above scenario, if you gave out a total of $12.58 million over the course of your life but half of it was comprised of individual $15,000 gifts, you would not have used up your lifetime exclusion and would not owe any tax.Again, I'd definitely seek advice from an accountant, but depending on the value of the property, you're probably in good shape.

Whites and grays are definitely on trend right now.