I am so excited to create my first real estate experience, and what I found out so far is not at all motivating.

We are scheduled to close mid March, so I'd like to interview some contractors and have them walk the property before closing as soon as the eviction is finalized.If anyone has any recommendations for good contractors, you can PM me their contact information.Sorry for the long post, but I hope my story helps others from falling for the shiny object like we did and motivates them to make good decisions to pursue their quest of building wealth through REI.Updates to follow....

I would ask some basic questions about the condition of the house, their motivation for selling, and what price they want for the property.  

When someone goes to appraise a commercial property, they take the NOI (which you can control, but lets assume its constant) and then divide that by the market cap rate to reach a market value.Yes, you can achieve different individual cap rates based on risk profiles of the property, how motivated the buyer/seller is etc, but in general, the market sets the cap rate.  

Seller was motivated and ready to sell so I did what I always did, call Taylor.  

I was feeling very discouraged but this post motivates me to keep going...be persistent!

Lead Manager: Takes calls, inputs information into podio, checks for motivation, sets appointments.

The typical PM is motivated to fill vacancies - - period - - and that's a real problem which you have already discovered for yourself.Contracts for PMs are written to their benefit and typically there's tons of 'extra fees', like move-out, move-in, cleaning and even showing, so read all the fine print.

I have found them to be motivating, a chance to network, and learn something.I recommend you come to at least one.

The closer to the deadline the more motivated they will get.