ROE has been around for hundreds if not thousands of years.Is it possible for you to take notice and post in these threads in the proper format.

What process can you take to ensure you dont get stuck with something you can neither sell nor rent ?

There are pets in the complex but owners are required to pick up and dispose of waste properly.

When you go to close the attorney will make sure the money is assigned properly.

Also, do you have properly recorded documents for the loan?

When I say manage the investment in an IRA, I am referring to collecting the rent and sending it into the IRA, taking repair calls from the tenant and making the calls to the proper repair people and paying them from the IRA account.

There is a sticky thread about it.For lower priced houses, I also use the 2% Rule, which just says that the gross monthly rent needs to be about 2% (or more) of the acquisition cost (purchase price + rehab) if they are going to cash flow properly.

If it doesn't belong here, please put it in the proper place."

So you will want someone to verify that the electric was properly split while you are doing those repairs.

Unfortunately, even here in Ohio, anything better than lower-middle class simply won't cash flow properly.