Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

If anyone ever wants to be added to that mailing list just contact me.In the market report last Sunday I found out that the Wichita area as a whole actually depreciated in value when compared to this time last year by 0.72 %.

First, investors can defer tax on any prior gains until the earlier of the date on which an investment is sold or exchanged, or December 31, 2026, so long as the gain is reinvested in a Qualified Opportunity Fund.

If it is not sagging you have caught it prior to the issue.

It gives you some experience (I am not sure if this is your first acquisition or not).The length of the lease of that particular tenant may not matter to me if I can verify if there was someone there prior and for how long that previous tenant had occupied the unit.

Honestly $10k is probably a pretty reasonable amount, just make sure you know exactly what work they will do for that amount and if it's your first time with that contractor get a few other estimates to compare.

Commercial real estate is very backwards compared to residential.

Tips: https://www.biggerpockets.com/blogs/10145/72118-sy...Bes sure you know what you are doing, stay conservative, under promise and over deliver, create relationships and understand the amount of money you are able to raise prior to putting a deal under contract. 

It’s all crap and it is better that you found it out prior to getting taken for more than you did.There is a ton of info here on BP for free or for very low cost so I recommend you read books and stay active here to learn.

The problem was that it was a Victorian home from the late 1800's, and during the 60's, a prior owner installed cement shingles that were loaded with Asbestos.