Always make the tenant pay full rent and then reimburse them for the expense after verifying the job is completed properly.

Sounds like with some solid enforcement of park rules, proper management and some elbow grease. 

Hi.I purchased foreclosure properly at court house steps. paid full and its in the process of getting distribution and deed. the property is winterized by bank1) How soon can i get turn the water on?

Extremely interested in real estate investing and the "architect as developer" form of practice (check out what Jonathan Segal is doing www.jonathansegalarchitect.com/ ) @Jared W Smith, I have the same question as Jonathan... how are our unique skillsets applicable in this space?

As an AZ Property Manager, I see many clients develop wealth via real estate and encourage you to explore this option.Always happy to answer questions regarding the process, the property, the rental etc.PS: Make sure the tenants are screened really well!!

one thing I find in our markets is the larger multi family new developments just don't pop up one day.they are 3 to 4 years in the making and its a little like stopping a cruise ship once it gets going .so what we are working on today in planning and permitting we wont built for another 2 years or so.whats coming on line today folks bought and started in 2015 and 2016.. so that can lead to over supply for sure in the rental realm. 

@Syed Lateef I agree repairs/maint. are not properly reflected in the comparison.

I've been able to ask the PM for an opinion of rent ranges and neighborhood strength of these potential deals so I can analyze them properly. 

If that's the case, I'd go with the 30-year fixes and shield yourself with proper management and insurance.As for the "classic" problems -- asbestos, lead paint, etc., that's what you get in the northeast.

You will develop the reputation of someone who doesn't close on deals which is the worst thing to be in the acquisition world.