If you must profit from the homes of people you don't know, please be a good landlord and share your contact information widely and/or offer to help out with the nonprofits working in the immediate community you're profiting from.

I also wonder whether they have selected their new place without viewing! 

I've got a few ideas of markets that I'd like to look into, and even selected a few properties within those markets.

I've been selling my rentals and concentrating on the rehabs since prices have risen, but you have to be selective of the neighborhood when looking for potential flips.

Hey @Zion Greenfield, welcome to BP and the wide world of REI!

I am wondering if I can use the title company the bank selects or if I need to pick my own?

We also used the opportunity provided by the extend of the demolition to do the following:Install a free-floating, insulated (R10) subfloor (a first for us) over the slab on the main level;move the laundry under the stairs to the second level - a better use of space than the deep sloped ceiling closet that was there;resize kitchen - we made the kitchen 42" longer, but this necessitated moving the electrical panel into an 18" upper cabinet;reconfigure the bathroom - with the laundry not moved out of the bathroom, we made the bathroom a little deeper (about 6"); moved the toilet slightly; shifted the tub about 18" and moved the vanity to the other side of the room;reduce the size of the living room window to an 18" transom window giving much more usable wall space;replace the broken windows with Energy Star certified windows tuned for their exposure;build an entertainment feature wall on the living room side of the stairwell.open-up both sides of the stair well (living room and hall by bathroom) - this allows for better air circulation - a necessity when we install the heat pump.Here are a few select shots of the process:Demolition begins:Repairing sections of wall:All electrical and data network runs were installed, then next came the insulation:We finished shifting our plumbing and patching the slab.Next we "leveled" the slab ... ok, we made it better ... and laid the subfloor:Note that we installed 4" high, plywood spacers around the perimeter to keep the floor ~1/2" away from the external walls.  

I would also have someone drive by and check on the tenant selection unless I really trusted the partner.

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What is now the Sotheby's in Jackson Hole used to be a double wide trailer... the guy who ran that business before he sold out started with virtually none of his own money and is responsible for a lot of the residential development in the Valley, including the house I grew up in.