If you're investing in real estate, either actively or passively, his goal is to cut your taxes in half (ideally to 0) within 3 years. 

Instead of trying to patch in similar Heart-of-pine strips, I usually cut out an even square or rectangle , the width of the hallway, and fill in with marble tile.

If they weren't recently updated, you can factor that into your repair estimates.No comps usually means slow to no activity in the area and that's a concern.

Elizabeth Colegrove utilities are separate.My main concern is the added noise a second person would make.

Attorneys may advertise, but they are under more ethical and even legal requirements concerning doing something to acquire clients that are already represented.

Anything else, questions or concerns let me know.Being you will probably be on both sides on this deal, if you decide to go ahead with it.For example:As a buyer you do not have to worry about coming up with the money for property taxes, private motgage insurance, or homeowners insurance and the seller will usually continue to pay for and complete any maintenance and repairs on the homehttp://www.biggerpockets.com/renewsblog/2013/01/06/rent-to-own-homes/

I cut in my own sump pit for a pump and drained the pumped water out into the basement.

My concern would be he is too far in the red for even that!

They are young (probably no credit) but clean cut however they really don't meet any of my criteria.

The only ways around this that I can think of is with a local investment partner (which would be fine if you trust them) or a property manager, which cuts into your cash flow quite a bit.Similar to Andrew’s response, I’m just buying time, learning as much as I can about real estate, and keeping myself open to opportunities outside of real estate.