@Zachary SchimenzMy brother and dad thought that hiring a property manager in a bad neighborhood would smooth out their investment.

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.

To make a smooth transaction, have those conversations now so that you're ready.A 203K can make it possible if the house doesn't have a CO or they won't turn on the utilities.

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

On our primary we used Chase and it was pretty smooth (though I work there so it made it easier).

It'll take some smooth talking to convince them to pony up a few hundred dollars right off the rip.Thanks BP!!

We have had great contractors who could handle one job at a time, that choked when trying to keep 2 running smoothly.

plus the two months to close after it goes under contract, so say 2 mo rehab, one month to show and get under contract, 60 days until closing, that is 5 months right there, assuming the rehab goes quickly and smoothly and the house goes under contract in a month.

Since they now seem willing to learn the ins and outs and are in contact with the 401k group, I'm hoping the process will go smoothly next time.

For the real estate investor, a pour-will pairs well with the living trust to ensure a smooth, private transition of your assets.