Income was usually direct deposited into my acct and a monthly summary mailed to me detailing monthly payment less any expenses/repairs/fees.Repairs without my consent were capped at around $250, however, towards the end I took over the "management/maintenance" aspect due to negligence while the MC continue to provide bookkeeping.I expect MC's to know the laws and legal rights of both tenant & landlord.

Thank you so much.My spouse and I have two properties (details below), but so far we have not been very thorough or professional about it.

We get a much more thorough and detailed inspection from a professional whose license and credentials are on the line.Whether you need more than one inspector depends on the building.

I will be going in to the Flipping.I was just wondering what websites are there where i can observe and analyze properties in detail?

We've done it both ways, by owner and using an agent, depending on the details.

It depends on the number of units involved.For larger multifamily properties you start with a letter of intent which will lead to negotiations over due diligence which will eventually lead to either a purchase agreement and/or binding escrow instructions.

From that, subtract any improvement/building costs, subtract soft costs and subtract equity/profit that a developer would expect, and you can get an idea of what the land is worth.Sorry to be so vague, but it's unlikely anyone here can offer more detail without more information.

There is the Boston AREIA that just moved locations to Medford and met last week so not again until the end of Feb, Ann co-hosts the Black Diamond meeting in Waltham next Tuesday (Website link in her post signature to get details) and if you are familiar with Chelmsford one of the better local meetings, the NEREIA, is there on the 1st Wed of the month (So next one would be 2/5).

The benefits to you is that you can completely eliminate the custodial fees, transaction fees and asset based fees.It has been discussed here on BP forum in details so if you are interested in learning more about it, you are in the right place.

Kyle KufeldtIt is difficult to say without knowing the details of the area, the availability of comps and the property itself but the value is likely somewhere in between.