Assignment is usually preferred, but make sure tittle companies allow that, and that you may need to use or be a licensed broker to perform them.

Then I schedule a time to show up with an introduction letter, perform my first inspection, and answer any questions.Intro letter is short with instructions for paying rent, contacting me for ordinary questions/concerns/maintenance, and how to reach me for emergencies outside of office hours.

I would use pricelabs to check the comps in your area and see how they are performing, especially at this time of year, as that will impact the decision. 

I am just not sure if it worth the effort/$ to perform one since it's a townhouse (not a single family house or apartment building).Thank you for the helpful tip!

Hey may be charging less than $100 for very specific items to perform, and then charging you more money to perform other things.   

At this point, we would like to get a reasonable quote and do it right so that we don't this headache in the long run.Will shy away from this kind of older property in the future to avoid digging up the ground to fix drain that looks like spider web with patches.

If so, would you mind sharing your insights on how it performed during the crash?

How do you forecast project performance from acquisition through permitting? 

Jan 12 is the next meetup for House Hacker Mafia at Goat Patch brewery 1830.

I have been told that foreclosure is still performed routinely in some jurisdictions (e.g.