I’m skipping the refinance piece for now as it doesn’t make sense for this property.

City Council isn't doing anything about the number of people who will need rental housing in Cincinnati, so if the investor demand for apartments within city limits goes down, cap rates will increase, and those of us who are good at what we do will figure out how to reap the benefits.Now that I've said my grandiose and hopeful piece, a couple of nitpicks:Is there anything stopping us from verifying a prospective tenant's assets as well as their income?

The most important piece of evaluating investing in a syndication is vetting the GP/Sponsor ... then the market ... then the deal.

Sellers with need = opportunity.In an area like you're describing it is not uncommon for the local real estate operations NOT to have a distinct or thriving MLS system. 

It is just putting in a large thick piece of plastic. 

And here's my most important piece of advice: don't just read these responses and the recommended books, take action every day starting today.Every day, pick up your phone and call people.Start out with a few real estate agents. 

It happens all too often where people will buy a property together, and one partner says man this isn't what I expected, and the other is pedal to the metal ready to buy every piece of real estate he can get his hands on, and they don't know how to break up their operations or compensate someone who wants out. 

Sigh...Favorite ways to catch a chicken.1. run after it.2. hold a piece of corn in your hand and hope it is stupid enough to come peck it and grab it.3.

The T111 areas are rotten at the bottoms now and actually there is a piece high up on the side of the house that seems to have gotten warped and is letting a bit of light into the attic that I have seen.

From the windows started a bloody trail on the floor that led to the dining room, to the kitchen, to the living room, then it pooled on a chair, and there was a distinct bloody handprint on the armrest.