These systems will give you action steps each day and let you know how to execute each step of the process. 

Spend time underwriting the sponsor and make sure they have a team that can execute and that their goals are aligned with your goals.

Additionally, an acquaintance of mine used a "home stager" when setting-up his furnished executive rentals.There are quite a few Canadians floating around the site and a handful of those from the Big Smoke who can answer questions and provide Canada specific experience ... as you undoubtedly know as a business owner in the industry things are a little different here with respect to financing, regulation and {everyone's favourite} taxation.You are undoubtedly well connected in the investment community already, but try reaching out to some of the local meet-ups (@Gary McGowan runs a monthly meeting out Newmarket way).

Spend time underwriting the sponsor and make sure they have a team that can execute and that their goals are aligned with your goals.

If so, execute a change of lease and, to be shining landlord, once he's out, offer to change the locks.If not, expect (or ask for) notice from both parties and prepare for turn-over.

My dad is into land management, I have a background in executive administration and my husband is currently a property/maintenance manager for 150 apartments - 3 large buildings.

I don't plan on exercising the "advanced strategy" just because there wouldn't be enough runway to execute and it does sound risky.With regard to the bidding service, I did speak to one and I know that they are trying to sell themselves but they implied that the professional bidders basically collude with each other...not only taking turns to keep prices lower for themselves but also bidding up prices when there is a newbie there to "educate" them.  

JUDGMENT AND LIEN INSTRUMENTS Document Type: Judgment Execution Date: 08/07/2000 Instrument No: U627719 Recorded Date: 09/18/2000 Amount: $14,525.66 Holder: STATE OF TEXAS ----------------------------------------------- Document Type: Judgment Execution Date: 09/13/2005 Instrument No: Z039170 Recorded Date: 01/20/2006 Amount: $14,570.70 Holder: DEPARTMENT OF THE TREASURY - INTERNAL REVENUE SERVICE ----------------------------------------------- Document Type: Judgment Execution Date: 08/31/2005 Instrument No: Z112380 Recorded Date: 02/24/2006 Amount: $1,172.00 Holder: THE STATE OF TEXAS ----------------------------------------------- Document Type: Judgment Execution Date: 05/04/2009 Instrument No: 20090564462 Recorded Date: 12/15/2009 Amount: $15,953.12 Holder: WACHOVIA DEALER SERVICES, INC.

I have developed relationships with numerous local lenders and banking executives in the Baton Rouge area by doing exactly what you are doing.  

I'll be doing the same thing after executing orders this summer.