Best thing to do is start educating yourself and saving money!

Long time listener, first time poster :D My husband and I assumed management of my father-in-laws rental property portfolio a few years ago and have since been working hard to educate ourselves, bring it up to date and apply BiggerPockets techniques and formulas to everything.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

I was new to real estate investing at the time and spent about a year leading up to my offer educating myself about the industry and RE investing in general.  

Or you can just get a degree in something your interested in and enjoy the college experience and use free tools like this to get the education you need to be successful.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Just remember - education and strategy take time. 

I’m trying to look at it like it’s the cost of the education and lessons learned.  

Some of the very best education you can get is learning from others mistakes so you can avoid them, increasing your odds of success!

Im having doubts with moving forward as my money would be parked for 6 months in the event that the tenants want to fulfill the remainder of the lease.