It has been a great ride and as long as you pay attention to ALL the details you can do OK.

I ended up with the 1st floor tenant paying for all the heating expense but lowered the asking rent a bit, and bump up the rent for the 2nd floor since they are getting a free ride.

Either way I would suggest that you actually ride through the neighborhood as opposed to just using the street view so you can see what you would be getting into.

Ive been riding around looking at some gutted houses, some not.

(Had some experience with them after we got hail here) Thanks again!

I'm SO excited for you because I know what the road ahead looks like - you're in for a wild but thrilling ride!

It doesn't seem fair that if he paid into it that that money should ride when he is no longer financially responsible.  

But the classic way to make LESS money as a seller is to price too high to begin with and ride the market down.

I specialized in off-market multis because they have such a higher % of being absentee landlord owned vs houses.I took different routes to work or when doing errands driving / riding for dollars.  

@Tom Gimer, I've gone back years and read posts and it seems that you and a few other "Resident" posters have a long history of controlling the topics with synchronized "Deflection and Obstructionist" tactics & responses by those who have had a good, long ride on O'l Betsy the CASH COW  (i.e. 6 POINTS real estate commissions & out of control Title Insurance Costs, Charges and Fees)I'm on BP to pull back the curtain, unlike anyone else has done, to expose the Cash Cow and to teach "REAL" money saving strategies to BP Investors so they can be liberated from the antiquated ways of the past.