Offer cash for keys to person but money is only after they leave and property is left in broom swept condition3.

Current owners are still living there and need to stay for 30 days after closing.

Purchase price: $198,900 Cash invested: $36,000 Primary home till we flipped it to an STR after purchasing a new primary.

@Michael JudgeI was an entrepreneur before and after college.

Hi Abhishek...Are you set on Detroit or are you open to other markets with a low barrier of entry, good job growth, good population growth, low property taxes, and a solid turnkey company with boots on the ground?

If you're uncomfortable giving access to the unit for showings (after prescreening) use a Realtor for tenant placement.

Think about your taxes on Form 1065, specifically how your K-1s will look in the future.

Property taxes are low in TN which makes it an appealing place to invest.

After all, they are representing me and are my hired agent- and I may need these documents for legal proceedings against the tenant.  

I wish I knew how much more money would be needed after I finally owned the property.