If you could rent it for $2300 once you pay taxes and insurance and other costs, you’d have to use the BP Calculator, I think you’d have a nice cash flow to help with your mother’s expenses.Of course you’d have an upfront cost to get it rent ready but Home Depot and Lowe’s have inexpensive good quality laminate plank flooring that’s easy to maintain and lasts so much longer than carpet.

This has been asked a lot, but in order to effectively wholesale commercial deals, you'll need to invest in due diligence reports, put up significant earnest money and non-refundable cash to get it under contract.

If a tenant is responsible for lawn care, they should be responsible for providing the mower and maintaining it.

When you feel you’re ready start with driving for dollars, it’s the most cost effective way to find your first deal.

Keeping the property as a rental will allow you to maintain a low rate low term note.

This also works with non-clients: vendors, realtors, etc.SEO Marketing:  A long term approach is building a website that is effective and can rank well on Google. 

The property is located in MA and I don't think there's any state moratorium in effect right now.

I'll be in charge of all of the cash management and other administrative matters related to our partnership; this will obviously require less ongoing time than his commitment.We're trying to think through how to fairly structure a partnership that reflects that he'll be committing more time to maintain our partnership than I will. 

In my opinion, it is the best strategy to utilize to get into real estate in a fairly cost effective manner.

@Brian Garlington I just reviewed a lease with the clause permitted reasons for eviction “such as non-payment of rent, breach of lease, damaging premises, drug or other illegal activity, disorderly conduct, rehabilitation of unit, landlord or relative occupancy.”In speaking with an agent he too was under the impression a buyer (landlord) could move into the unit they were purchasing, so I’m wondering if there were 4 owners could they all 4 move into a 4-plex and effectively require the tenants (on month to month leases) to move out?