With that being said, it doesn't have to be the home of my dreams once the contractor signs off, I'm pretty handy and really enjoy projects. 

I am active duty military and we both know we wont be able to buy our dream home and raise our family in it because we will be moving quite often.

Great job on breaking down the steps for @Donald Murrill and all other investors seeking to convert a motel into an apartment.

The son has been handling the property but has done a horrible job in keeping financial records.

However he has been on the same job for over 23 years. 

Do you want cash flow and Passive income or another job?

It's our view that it is our job to make sure that we are doing everything that we can to set the buyer up for success at the beginning.Hope that helps,Chris Pre

Now often times new agents are hungry and will do a great job searching for a good property, but be sure they know your criteria and be prepared to help correct their searching to allow them to better serve you. 

That's their job...not yours.Now, if you had that extra $36k to invest in a different property, maybe one just like this one, you would be much further ahead.

At the end of the day this is your job and you need to look out for it, not the contractor.The second thing is to have a face to face schedule meeting with the current contractor.