We provided that and he was happy to get on board with those strategies.

Well what’s funny is I have water heater leaking in my own unit in basement unit so it is easy to maintain and replace ; but week after that I am the victim after the condo on top of another rental owned by us, started leaking water from the water heater and it is a big mess.yes I agree the water heater should be located on the ground.

It depends on your local laws, but any paperwork you can provide the tenant to indicate that they need to respond might help.

However, they provide the leads and claim agents get an average of four sales a year.

I have a bank willing to lend on the deal but will need to provide equity and cash reserves of $1.2M.I've raised capital prior, but not this amount. 

Ask as many questions, try to provide whatever value you think you can bring and eventually take the first step forward! 

I would not start investing, creating businesses, or doing anything in life based on a unicorn example, whether it be real or imagined.I would look at the industry from the top down, figure out what realistic margins are, and see if I can gain a competitive advantage or beat general market returns by a few % points.  

I currently operate a mom and pop rental business in Reading with my wife where we provide an alternative to the slum lord business model that has existed in the Reading market.

Depending how much you earn you can step up those savings by getting a side-hustle in any part of real estate....working for a top Real Estate office on weeknights and weekends, working for an RE Investor, working for a General Contractor and learning a few skills, etc.

Sometimes the sellers may or may not have that readily available or may only provide it for those under contract since usually there is paperwork around that that requires certain investment docs to be provided.