Of course the water, gas, and electric will all have to be shut off indefinitely until the remodel is complete.I remember one time when I was a kid, my father became angry with me because I locked my bedroom door.

needed a new roof.also the electrical was all wrong and needed to be entirely redone.

These are cash-only deals, too small to interest the major players, but the bank owner (or short sale owner) is very motivated to unload it.I'm looking at a 50-unit prospect now that looks to be $10k/unit all-in, with $500/mth average rent (75% of units are 2BR) and tenant paid gas/electric.

If you're a car salesman and you find yourself giving electrical advice that goes against what an electrician is saying, you should probably rethink your advice or at least preface your advice with "I don't really know what I'm talking about but I've read/heard somewhere that . . .".

(Electric baseboard heat, forced air system, hydroponic system?)

In our family owned business (there are 4 of us) we have a licensed general contractor, a licensed electrical contractor, one broker and two agents.

@ Bill Gulley Bill,I'm 38 years old,electrical engineer since 1998...Professional education not only give us an expertise on specific field also prepare us to overcome challenges,displine,etc.....I can recognize when i'm wrong ,so yes i will follow your advice and take some basic real estate class.Can you advice me what you consider a good start?

I like it for customer support and bug tracking.

We have only once needed to retain a security deposit and that was because the tenant "bugged out" early to catch a flight home for a family emergency.

It is just they got a partner they were not needing:) And this little bug now controls their forclosed asset.