Here are some of the things that I do for them:Prepare and update budgets and timelinesPrepare or review vendor contractsMake sure W-9s, insurance certificates and lien waivers are receivedAssist with preparation of due diligence itemsOrder surveys, appraisals, inspections etc. and make sure they are received on-time (or sooner)Review and prepare closing documents for signing (after received from the attorney)Coordinate closing with broker, real estate agent, title company, lender, etc.Full charge bookkeeping including A/R, A/P, FinancialsPrepare and submit draw requests to Lender's for payment of contractorsThere are a lot more things I can do for local clients, such as meet contractors to receive bids, check-in on remodel sites, etc.Usually the REI's locate the properties and do comps themselves.

just thought I'd update this even though it is long, long overdue.i did file a complaint with the attorney general and a mediator spoke with both of us.i ultimately got about half back

In addition, it can take a lot longer to find a lease-option tenant than a regular tenant.

Joe semi-regularly and like the shops in Saugatuck.

Some, like taxes and insurance, and property management if you're paying for it, are regular, and show up month after month.

. $265k (out-dated, 500 less SQ FT)$389k (fully updated, same size)$360k$295kall the houses above have one less bedroom than the one we're looking at.

I am expecting a lender to support my regular investment plans.Thank You

We visited the property at least semi-annually, but more if needed.Unless the leases are NNN, then the Landlord is responsible for most maintenance and therefore you at minimum need a local building engineer that the tenants can contact when needed and check on the property on a regular basis.

If you have ever read a standard note and trust deed used by mortgage lenders, I would bet a good attorney could find 20 things many home owners are breaching in their agreement on a regular basis… i.e. parking commercial vehicles, or operating a business from the premises...

I always call with updates to my landlord, let him know what's going on.