Any suggestions for how we can handle this?

Any suggestions for how we can handle this?

How much were the inspection red flags going to cost to fix and would you be able to create value by handling them?  

It's better to have a PM in place and ready for you to grow into needing one than to decide at a critical moment you've got more operational headaches than you can handle on your own.Having potentially a $180k cash position puts you in a very good place to start straight into a fourplex+ for doors. 

If your partner puts up money but you're the one handling the property management services, you should be paid for that service above and beyond the 80:20 split.

I also own rental property in Northern KY and have a pretty good handle on the area.

I'm going to put it in each apartment's garage on their units meter electric billing is all handled by the Tenant, not me.

In situations like those, I know the best thing to do, is send out mailers to see if homeowners would like to sell their homes, and see if I can make a cash deal, no commissions needing to be paid or closing costs.The issue I run into is that I am now a licensed agent in California, and I don't know the best way to handle looking into self investing options, when as an agent, you are bound to make sure homeowners are not harmed financially in the sale.

In large part we don't have the shipping fleet in this country to handle that demand.

The main reason I was concerned about how this would be handled in court is because the demand letter is from her son in law whom is a landlord tenant attorney.