I would do more research on why the builder gave up (likely the market can not support new construction).

Surprisingly my wife is being supportive.

Thanks for the support!  

I'm able to Create Value, Take Risk, Change Lives and Feel Empowered....But Most of All support others who consider taking the leap...I started with SFR in 2005 while still working my Corporate Job, but after the 3 property, I was Hooked..What motivates you?

I'm going to ask her if she is willing to do seller financing so if you have any other supporting questions regarding seller financing that would be great!

Winning a order on back rent and damages is fairly straight forward providing you have all the evidence to support your claim and you have used contractors to do all repair work.Simply go to the local court house and they will explain the process and what is required.

I've listed below the order I plan to attack things in, let me know if this sequence makes sense:Resolve excess moisture under house (minor grading issue, gutter required, possible plumbing leak)Repair minor roof leaks (repair flashing, seal leaks around chimney, replace tree-damaged shingles)Trim trees away from houseInstall 50 concrete piers and level foundation (foundation had work done previously but shifter due to excess moisture)Install vapor barrierAdd structural roof support beams in attic, add insulationRepair rotten siding/soffit/window frames (mostly upstairs)Repair porch (replace rotten boards, sand & paint)Paint exteriorInstall central AC/Mini-split system (any recommendations on this?)

Luckily the alarm must have scarred them off because they didn't take or damage anything inside but they did get the a/c unit.With this experience we realized we need video streaming inside & out, which is not supported with a cellular signal so we would have to get wifi.

Make sure you ask questions about your learning style, how they will be there to support you, ect...A Great Mentor is Priceless, but the wrong one is a waste of money.

I would that you get a complex around 20 units so it will support property management expense of an outside source that will do what you expect and are willing to keep you up to talk on the phone.