We expect to continue to acquire properties as a group.At the moment, I've been collecting recommendations on suitable attorneys. 

Wow that’s impressive.

How much time should I realistically allot for application/background checks, walkthrough, paperwork return, deposit and first rent collection? 

Further, how can you enforce collections if you're not a utility?

I’m under the impression this is because if there is any rental income, it will go right to her care, not sure if she would lose the Medicare benefits. 

Starting small and scaling up is a tried-and-true path, and this community is filled with people who’ve walked that road and are eager to share their experiences.Feel free to ask questions, share your wins (and challenges), and tap into the collective knowledge here.

Purchase price: $605,000 Cash invested: $12,000 Sale price: $785,000 Contributors: Peter Vekselman Partner Driven and Ann Mesa purchased this home for $605,000 on 06/27/2024, invested $12,000 in targeted renovations, and sold it for an impressive $785,000 on 11/15/2024.

That gives them plenty of time to collect and transfer everything to you.

If there is no HOA because it has been family run, it will be dicey, but generally if it is a private road, all those on the road are collectively responsible for maintenance and improvements.

For that tenant, only used it for rent collection.