I can give you a general response with some starting points to consider.These are some general guidelines and strategies you can consider to help make informed decisions:Percentage of Purchase Price: A common rule of thumb is to limit your renovation budget to a certain percentage of the property's purchase price.

There are some solid investments in the Reno, NV area and strong economic investments from Silicon Valley.

Now are there deals you can find, absolutely - but gone are the days of just finding any home on MLS, renting it and making money on it through rent or appreciation.Hello Chris, thanks for your response.

This answer relates to Derek's in that different property types require different responses.

I appreciate the response, and you know it man, consistency, consistency, consistency for sure.

This should be a tenant responsibility.

The sister visited her brother's lawyer to discuss the responsibilities of being executor of the will and what needs to be done in order to sell the house.  

You need someone when they come in with their backhoe who breaks the sides, if your bottom is solid concrete you want some drainage holes at the bottom before you fill.

I would find an expert agent or PM in a solid market and take it from there. 

The draw back to these loans is that they are more paperwork heavy than the other "portfolio" types of loans....but if you have ever received a loan on your primary home, it's likely that you will go through the same type of paperwork here with conventional lending.