location! location! location! thats the REI mantra, we know. Question is, 'but where?'...Open question is for for cash-flowing investment properties, which western states/cities/neighborhood should we look at? Seems l...

I finally got a third party contractor to inspect the property and about 30% of the work has been done. 

Hey it’s my first post on BP, i’m trying to get more involved on the forums and the site in general because i’ve heard from almost everyone on the podcasts that it’s been a tremendous help for them.

What is the landlords responsibility regarding parties or illicit activities by a tenant?

I really don't have any information or advice I can share with you, and it would frankly be really unprofessional of me to speculate on any past issues involving another party.  

I would Google really thorny condo questions and see what law firms were involved in cases that went to IL supremes, that would be a fairly good indication the attorney's had some experience.

You mentioned you purchased directly through a seller so I am guessing no agent was involved?

The reason why American business (this includes real estate businesses) have returned, on average, higher returns is because of the risk involved.

It will be a project that involves some $$ investments.

My opinion is that it is all up to you and how involved you want to be.