It is a process full of unexpected turns and surprises. 

nov december Jan and dog tough times to re rent properties.. so this lull is not unexpected.. its more the norm.. at least from what i see

We did not remove drywall...however we did remove all outlet and switch covers and things of that nature to allow the heat to get in there.

@Precious Thompson totally broad question but here are 4 things I'd do: - don't call them "tenants" - call them "residents" and I love what @Andy Collins said about them being your clients too - always enforce late fees - make late fees cost $ on a per day vs. a flat fee for being late (assuming it's legal in your area) - do something special for them that's unexpected (can be a simple note of gratitude)

Hello all,First off, I willingly accept your rebuke and chastisement for not being prepared for the overwhelming (and unexpected) response from the podcast. 

FYI, if you each put in equal capital and get different percentages ownership, there can be unexpected tax consequences, so be sure to talk to your lawyer and CPA if you go this route.

From seeing a couple of  posts like this where the provider was a frequent contributor on B.P. the investor was made whole and things worked out, let's hope the same happens here. 

If things "unexpectedly go wrong" I just have less cash-flow that year rather than ending up losing money.  

Thank you for reaching out, lets get to work!

I am not one to throw anyone under the bus, but I am constantly cleaning up messes after a unexpecting investor gets screwed by an over-priced, under-rehabbed, badly tenanted, and poorly managed investment property.Buyer beware.