Sorry for the delay in response.

I look at the whole system and how we can take advantage of different aspects of what we're doing to minimize the vacancy rate for each particular property.

Unfortunately, it is NOT an easy task to undertake when collecting past due amounts owed.It is especially tough when you are an Out-of-State Owner and your tenant defaults.Hiring a Professional Property Manager is ALWAYS an ideal solution so that you know that your property is managed by a professional real estate agent and that they are LOCAL.Our company for example is able to provide all services from leasing up, to property management; we are able to collect rents and if not, we send the required legal notices and ultimately file an eviction through our attorney with typically minimal cost to the owner.If anyone is interested in our services, please visit us at http://www.axiomresidential.com

I just need a reliable guy I can sit down with to do our returns, legally minimize our tax expenses, and be a valuable power team resource on tax issues.

But what you can do to help minimize that happening is, ask for a copy of their orders to see how long they have on their military orders.

But the idea is to minimize your risk, because you are investing a lot of money.Originally posted by "wsucougz":and I certainly think that your expense ratio is going to depend on a few variables, i.e. the location, condition, caliber of tenant, and whether or not it's self-managed.Self-management really doesn't make a difference; it just means the money is going to you for those services rather than someone else.

Sorry for the delay ion replying.

I have been delaying going after probates as I felt I was missing a piece of the puzzle.

And in my experience the delayed (larger) increase is more likely to cause a loss of tenant than a smaller one.I used to use the change in the consumer price index as a minimum for my increases, sometimes adjusted up from that if insurance or taxes had taken a big hit.all cash

Since it sounds like this house has been sitting for a long time, I doubt the few weeks delay would matter much.Whether it's a deal or not is going to depend largely upon how motivated she is.