But what if she doesn't leave?  

Hello everyone,I am seriously considering getting my license and become an agent but would like to try it out part-time at first to make sure it a good fit for me and my family, but more importantly, it will help me leave my very stable job for a career that I would be much more passionate about. 

The house is lived in by a semi hoarder who has lived there for 5 Plus years and shows no sighn of leaving paying 750.

For me personally if its my idea and the investors money I give them unilateral control.. as I never want an investor to feel that they cannot exit for any reason.. but that's me personally and if I am doing a good job then they will not want to leave.. but it puts the money at ease you have to honor the money.. deals are easy money its tough..

If you had a big park, with say 100 trailers, and this compnay owned 8 trailers and threatned to leave, you could fill those lots easily and not worry that it would destroy your profit. 

When I can reach the market rental rate, the monthly cash flow will be around $500/mo after all expenses (mortgage, maintenance, taxes, etc) before tax deductions which will leave the bottom line higher by 1-200/mo. 

I’ve seen some agreements out there that leave a lot up to interpretation. 

@Dwight Sands, I've used Shine the Light Home Inspection before and he did an excellent job (https://shinethelighthomeinspection.com), and reasonably priced.

Here's the numbers:Purchase: 136k, 5% down = $6800 + closing costs and prepaid insurance will be roughly 10k downARV: 175-180k, have to see how the neighborhood does in the next year, my realtor firmly believes 180.Rehab: 15-20k, all done by us.So after putting 20k into the property, that leaves roughly 24k of capital gains tax. 

That leaves you $600/mo between gross income and base expense (PITI).You estimate putting $50k towards repairs, which means these units should be TOP OF THE LINE by the time you're done with them ($12.5k per unit) so your rents could even be higher if these units are all cherried out.Big thing about this one is the property has been on the market nearly 6 months... so it's overpriced for sure.The fourplexes just on the other side of I-10 sold for $250-300k... yet these two up top (including yours) are asking $400-500k??!?!