I am thankful enough to have only 1 inherited tenant instead of two.Anyhow, my agent didnt have any basis at all other than he met them personally in person.

This should lessened if you've been directed / chosen a good area and have a good product.

In one case I inherited the tenant and every single other tenant in the 4 plex, plus both single family home neighbors to either side, had restraining orders against our HUD Vash tenant.

I have been learning and taking in information like a sponge, and really getting serious about investing in real estate myself.Goals:#1 - Land Development (lake property that I own) - Arlington WA#2 - Invest in real estate - (partially private fund/partner with an experienced investor with my first flip)#3 - Flip a couple more - Continue flipping eventually on my own and help other investors that are       new like I once was (once I become more experienced)#4 - Buy and Hold - create long term wealth and passive incomeLOOKING for guidance on how making the numbers work to develope the lake property land that I own (was inherited from my father who passed away to me and my two sisters, it has always been his dream to put a house on the land that has been in our family since the 60's... time to make the dream come true!!!

If the tenants you inherit are on M2M leases, you can require the tenants to sign your new lease agreement or you can just keep them as-is. 

Hello All,I inherited an out of state property and for 9 years I have continued using the PM that was previously managing the property.

I was thinking that I inherited the warranty when I purchased the house. 

Although I am assuming it would still be subject to inheritance tax at each distribution.

Get a copy of the report and double check the info that is being input.If that does not lessen the amount, there is more than 1 way to estimate the rebuild cost.  

I used to feel bad for him for this one as he bought the house QC from the previous owner and I guess didn't realize he would inherit the debt.- Filing a fraudulent contractor's lien for over $100k against the bank and me for supposed work done on the property- Forging papers to show he took title to the property this year after the foreclosure auction.- Advertising the property for rent on CL and trying to get thousands of dollars on the spot to secure it.