As well as to protect yourself.What we ultimately did in our situation was to write a contract between the homeowner and I whereby the homeowner functioned as the landlord and made the decisions, with me working in an advisory capacity.

All bathrooms functioning, kitchen and appliances functioning, running water, electric service, solid roof.Is the water in the basement still coming in?

Some brokers will place tenants for you (for a fee) and perform all the 'lease up' functions like taking applications, showings, screening, and lease signing.

I could have kept cost around $40,000 with a higher emphasis on curb appeal and functionality as compared to custom design and expensive finishes.

But once a property passes your screening, then look at the the more robust metrics such as ROI and IRR. 

Read the lease that carries over.Im sure the non-functional car is not allowed on the lease, so you can ask they they remove that.

I get why the model works for wholesalers and why it works for the investor, but as far as the seller goes, I would argue that price is a function of supply and demand.

Sorry but I don't know how to use the@ function.

There is no such authorization number existing using this called Echeck function in my Chase bank nor this PM web site.

I just did a nuts and bolts rehab to bring the property to a clean functional working condition as a rental - without any bells and whistles.