While it’s not expected to have a lease in place within 10 days, you can definitely expect to have an idea of where you are at in the marketplace within 10 days and if you don’t have any hits it’s best to start taking action instead of sitting on it.

This is why it is first and foremost critical to understand the costs of owning a note.Things like legal fees, servicing, and insurance are all getting more expensive.

Fire them, they failed at one of the most important parts of PM - collecting rent.Be very careful about taking steps to get them out, in Virginia if you do something like try to force them out you can be guilty of "self help eviction" which will cause the sheriff to halt their work and will get you into legal trouble.Cash for keys has worked for me in the past but it isn't guaranteed.

This definitely has revenue potential.The property also has other structures of value and amenities but these would not be part of the business described below.We will be able to add additional guest cabins and possibly our (retirement) home in the future.This is a rural area and about half of the property is AG-Exempt.

It is important to consult with a legal professional or financial advisor to fully understand the implications of assuming the mortgage and how it may potentially affect your financial and legal responsibilities in the event of unforeseen circumstances such as her mother requiring care.

The 8 unit definitely has come with a larger learning curve than the smaller unit buildings.

It's definitely not pretty, mostly older single wides and stuff everywhere!

I'm not as concerned with how the future tenant will e-sign it as they can always print it out on their end and sign it, scan it, and send it back to me, but with that said I'm not even sure if that's legally binding? 

But that of course is definitely NOT how this grossly LOPSIDED 'system' of 'crony- ism' operates, now is it?

Hi.I own a 2 unit property (main house with a 2nd smaller cottage that is a legal rental unit).