Have you ever heard of a Landlord being sued by a Tenant and losing property?

Hey guys, I wholesale full-time and recently started here in Upstate NY, I have some questions for someone familiar with real estate law/wholesale here and closings and will appreciate any help!

Specifically the inspections is missing and the pool has started to run into issues.

If you find a cleaner to manage it life is easy but it's also difficult to maintain because you lose them to others that can provide more consistent work.  

Couple reasons for this.1. sucks to lose money every month when you just put down 20%, which can be a lot of money2. what if there is some kind of emergency i.e. large maintenance, non paying tenant, etc, then you are really in a bind and obviously that comes out of your personal funds3.

That's how we started before hiring on a full time maintenance man!

So on May 6th of this year, I started my real estate journey after a very rough first year of college.

If you buy a property using a HELOC, fix it up, then sell it, you should always have enough to pay off the HELOC unless you are losing money on the flip.

When I first got started in real estate in 2002 I did 33 leases in one month...good money! 

Never had a major issue with them, just have to kick start them once in a while, on an empty house.