If they want to pay to have it monitored they can.

I am shocked to learn that in my area depressed properties have list prices on the MLS not much below what I assume a regular sale would have.

I've been to one CT REIA meeting so far earlier this year and plan to start regularly attending and making introductions.

So in a moist environment it's better to just plan on doing regular replacement rather than maintenance.

On multiple tenant properties, somebody needs to monitor Common Area Maintenance issues.

Another option, if title/escrow is cool, just make the offer in your personal name and tell escrow/title you want to take title in the name of your LLC.That is a very good idea, and if it was my regular escrow I imagine they wouldn't have any problem.

I have no idea haha, but I'm monitoring this topic just so I can see what responses you get.It seems that the one great thing in this deal is the sellers only owing 12K so at least that is easier to work with.

This debt created has no regular payment required and shall be due and payable upon demand by Lender.

We are using cash flow from the first two properties and regular income to invest in the next one.If we could go back in time and do it over again, I would probably go with getting an owner occupied FHA loan on a 3-4 unit, putting enough down to avoid PMI since that was what we did with our own home purchase.Just my 2c.Kelly

I can tell by the dogs' personality whether he gets regular walks; loving dog means loving owner.