I have done the due diligence and researched everything from schools, job market, is it a solid first time homebuyers market and what percentage of the homes have sold in a specific area.

So your team approach is rather correct as you may need other in the due diligence of buying, especially with seller financed or privately funded loans.

.- Along with the above, keep contingencies/due diligence very short and keep the property listed during the buyer's due diligence period.

Kind of a catch 22 because landlords now have to be much more diligent in renting their properties.

they also run and partner up with a local realtor.I've spent a lot of time doing due diligence on them i'm sure i've paid more what a local investor would in rehabs + purchase price but i plan to work with a few vendors long term put up the capital and have relatively hassle free rental properties as i'm located offshore.i'm flying to atlanta personally in 2 weeks to meet some people on the ground i'm also going to meet a few rental managers as a backup in case the guys i'm dealing with pack up shop and go home.any recommendations on property managers?

The good news that they liked it and did their due diligence and is making an offer.

We haven't had that happen yet, but we're pretty diligent about visiting the property is during the winter months to make sure that the heat is indeed on

Just doing some due diligence on both to see which one I want to move on.

When you find a potential deal, get it under contract quickly, then perform your due diligence during the option period.

In which case, he's the wrong man for the job (He doesn't actually know what he's doing and doesn't have experience doing it)... he should have said, "I don't know - let's get an engineer so I can bid the correct scope of work"3) Your contractor knew that he did not know what was required, and wanted to get your check in hand and then do his diligence.