There are two neighborhoods where all my tenants buy in when they become home owners Barnaum and Curtis Park.

During the purchasing negotiations, the previous owner was required to have a new roof installed.This was good or so I thought.What I didn’t foresee was that they used a less then admirable contractor.

Rich, it was full but the city inspector had a small issue with the sewage and the the tenants had to leave within 60 days since the owner did not want to fix it. 

The advantage to these places are they give priority to owner occupants over investors. 

Plus the most successful realtor in the town is also a friend, so I feel safe about all information they are providing.Property Info:5 total units: 4 - 2BD/1BR's and 1 - Owner's unit 1BD/1BR w/ a loft and garage.

CRAIGSLIST (search key terms such as "must sell" "owner financing" "needs TLC" "Make an offer" "Owner retiring") These are all key  phrases of a motivated seller you may be able to bargain with. 2.

In either scenario you should talk to current owners and renters and confirm if this is something that people are seeking. 

Essentially, my seller is willing to do some owner financing in addition to the FHA loan.

The owners, property managers and agents who specialize in rental properties represented over 1,400 doors at the June KnoxREIA meeting and this meeting could be larger.

My guess is most PMs are in business because owners either just don't want to be bothered or they don't live near close enough to their properties to be involved.