I think it's essential to play it safe by assuming that you will make NOTHING the first six months of your real estate career.

You won't be able to get title insurance on it until the redemption is up, and if they redeem you won't be reimbursed for any non-essential repairs.

>A property management fee is essentially an agreement to collect the rent, pay the utility bills and then forward the remaining rent to the owner.

And you get the benefit of having 40 past ones to catch up on.Two Great reads, I bought both J.

And you get the benefit of having 40 past ones to catch up on.

They could lose their MLS privileges, and they won't see much benefit coming their way from it.

Also, I'm wondering if people have thoughts about the benefit of owning the units as a block from a wholesaling perspective, or from a buy and hold position, etc.

There are also some benefits for both owner and tenant.

Bank recently told him that it plans to mail him soon a Settlement in Lieu of Deed (essentially, an instrument of consensual repossession) to get him out, which would be executed sometime in early 2014.Despite making a good salary, he despairs of ever being able to get out from under the property and just wants out.

Most of them have very high HOA dues (if they're a good complex in a good area and they take care of the place)and you never know when you might get hit with an assessment that may not even benefit from whatever the work is that's being done.Best of luck!