I don't know the ins and outs of how this guy is going to publicize your home or if he's going to show it.If your friend does not have a broker's license, you're going to want to be really really careful.

The Owner seems to have done an excellent job taking care of all his properties. rents are 450 & 475 which is right on, for our area, will try to bump the 450 unit up $25 to match.

Be careful with those expensive seminars, they can be a good way to set you back a lot of money and further delay your investing activities.

Don't let the parent corp situation blow your mind, still go to the company in name if they are open, they will either direct you properly to the right department or simply take care of themselves.

If so, you'll have tenants who aren't careful and expect it to be 70 degrees when it's 100 out.

they don't care how many mortgages you have only that the property offered up has sufficient equity.

Could put a carefully selected short-term renter in there for 6 mths to cover overhead, then do your repairs in the winter and list it next spring, targeting a signed contract at the 12-mth mark.Of course, you can try to sell it for cash to a hedge fund after you repair it.

I could care less about knowing how to landlord, so I always use property managers and never buy locally (CA returns are horrible).I recommend turnkeys if you buy outside your area, and especially as a beginner investor!

Take care y'all and God bless.

Take care!