Besides the rent and the costs normally associated with move out (cleaning, paint, etc.) the tenants are also responsible for marketing costs (which are basically zero as I do all the work myself and do not pay to advertise) and commissions that have already been paid, but these again are usually very minimal fees that are not really making any of my tenants think twice about leaving early. 

These surrounding apartment complexes are relatively new and quite expensive.I was wondering if anyone has experience in buying a condo association and turning it back into an apartment complex or even cleaning it up.

I have always listed a rental after someone moves and I can clean up etc. 

5) I understand that the main risks are that the title may not be clean, back taxes may be owed, tenant might not want to leave. 

These surrounding apartment complexes are relatively new and quite expensive.I was wondering if anyone has experience in buying a condo association and turning it back into an apartment complex or even cleaning it up.

Having 5 (maybe up to eight) free and clear houses in good locations and good tenants, and continue working my full-time job with no pressure to do overtime or with the possibility to retire early, and travel more or spend quality time with my future family would be an ideal goal for me.What would you guys do?

I have seen RE investors do well and like the lower income areas and I have seen others who despise those areas and only want B and A quality properties.

I have been studying very hard for about 5 years, full time, while being bedridden and I have about 30 years of construction management experience as well as having as real estate broker license for about 30 years and a college degree in business that emphasized real estate with honors and being born and raised in Dallas, Texas.I think all of that background qualifies this 62 year old to be listened to and believed fairly qualified when it comes to real estate and all of what I've said is just a part of my experience qualities. 

I may even use it as a vacation home later on when I fully retire.These properties are dirt cheap, many under 100k for a nice, clean 2 BR/2BA on a spacious lot, some even with a little acreage.

He could make a better living doing and have a better quality of life working in another state but insists on staying so he can be discovered and it's stifling his ability to get ahead in life.