So, first step would be determining why exactly he is trying to offload just this one.

Pick one niche (STR, MFR, SFR) and learn the different types of financing, how to manage them, what metrics you'll use to determine success, and on and on.

I know the owner (not friendly), so my preference would be to await the tax auction.I've reached out to the county to determine if there are issues with scraping a home with its history (hazmat?)

Didn't happen to me, but I toured a home rehabbed by a colleague, who went to the same class I went to back in the day.He was 100% determined to save every single dime and did all the work himself (which is ok, if you know how to do it, and you pay yourself..) 

Also, if you were going to do an exchange, you would have had to determine that upfront from the sale of the REIT and use an intermediary. 

They will see the lis pendens and they determine if it matters or not.

Because I have not determined the best way to address an addition or floorplan modification, I suspect my analysis may “double-capture” portions of some budgeted items (plumbing, electrical, etc.) and be way high.Sorry I don’t have actual pics of the interior, but I will post the county’s floorplan sketches.Subject Property Fast Facts:- Not a registered historic home, just very old.- 1890 Construction; brick (original house) & vinyl-sided (1-story addition) - 3Bed/1Bath; 1 bed and bath downstairs, 2 beds and 1 extra community area upstairs- Originally a 3Bed/0Bath.

That will change the recommendations as it determines if you're looking at residential or commercial realtors, loans, etc.In a general sense, I'd say there's a respectable amount of MF in Chattanooga. 

Section 8 does a full financial background test for them to determine how much they can afford of that $1450 rent amount based on their current income.

When I pushed back hard the PM had someone inspect the damages and has concluded that of the $235, $110 can be charged back to the tenant and they have also made a determination that the tenant owes the $1260.