It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

Take away some of that for parking and what not, you still could have 40,000 to work with.

They were my first tenants and I am still confused with what to ask or whatnot and how..Thank you so much for your input in advance.

You can put the best clauses in your lease, tell your tenants what to do and what not to do til you're blue in the face, but when problems arise they cost a lot.

She has an excellent grasp on the local market's wants/needs, so I think I have a good idea going into it what to do and what not to do.

Account Closed By now, you've probably realized there is a wide range of "experts" and opinions on what to do, what not to do, and there are a lot of people that use chiropractors on a regular basis...these are the ones that pat themselves on the back, while telling you you can't do what others tell you can be done.Just remember this story, and move forward with confidence:'After leaving a lecture on REI, 100 people were surveyed on their opinion of what they were just presented...and if they planned on doing any of it.  

Talk to people who had failures as well as those who had successes because then you will see both sides -- what to do and what not to do.

I'd say always change the locks the day of closing no matter what. Note

My God, your information and the detail of books and what not read and what to read was amazing.