I can create a private profile for you on our site & see if we have any interested property managers. 

Flips are a great way to multiply capital, even a better way of creating capital (by using all hard money).

There's a lot to be said for creating goodwill with tenants, especially in the beginning.  

The home is 1700 square feet so creating a 3rd bedroom should not be a problem.  

This creates a WIN-WIN Situation and gives the Realtor incentive, to work harder on your behalf. 

How do I go about creating a subject to our lease option agreement? 

It's not hard at all to figure out a cap rate, or cash-flow, or some of the % rules you want to know off the top of your head.

If you are trying to do both cash flow and appreciation then you may want to sell it in the next 5-10 years and realize your increase in value and this would be more difficult in a "run down" property and it may not appreciate as much anyway.Another thing to keep in mind is that a more "run down" property will attract a less quality tenant which can create more stress and worry.

Hello,My name is Lisa PattonI'm looking at how to create a Google phone account  to introduce my rental properties.

Bear and bull markets create their own investor momentum.