Location and a property in great condition can also help ensure you always have folks knocking on your door.Good luck as you continue your journey!

If they oversaw the remodeling AND they are the PM for the property, they should have ensured everything was in working order.It would have been great if they would have had a general handyman they could have sent out that could have assessed the situation (and lit a pilot light) before engaging a higher skilled (thus more costly) contractor.

Obviously I will do my due diligence to ensure tenants are qualified, but I feel that being in a better area would help to sustain good tenants and healthy rental values.

Any advice for other actions to take to ensure a smooth handover and/or tips on how to encourage current residents to move along so that I can remodel and raise rents besides buying them out?

How do I navigate those conversations to ensure the best deal mutually?

Guarantees ensure that they perform but must be weighed.... for instance if a company is promising you that they can find you a tenant in 7 days, well that's great!

Just want to make sure we have our i's dotted and t's crossed to ensure the transfer goes smoothly and we're not left hanging.

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

One reason these offerings are limited to accredited investors is to ensure that all participating investors are financially sophisticated and able to fend for themselves or sustain the risk of loss, thus rendering unnecessary the protections that come from a registered offering.

Here are some of my questions regarding the process:1) Does the JV wholesale contract need to go to the title company in order to ensure that my portion of the wholesale fee is guaranteed to be properly handled?