I replied agreeing to the difference thinking it wasn't a big deal.

To start, complete your profile, set investment goals, use educational resources, network, analyze deals, seek mentorship, and focus on market research, financing options, investment strategies, and property management.

What made you interested in investing in this type of deal?

I also use property managers for my properties.Additionally, unless you are an expert on Fair Housing laws you can easily find yourself in violation even when you think you are acting reasonably and find yourself in a lawsuit or under investigation.Finding reliable contractors is an issue and a good property manager should have those relationships saving you time and hopefully money.Navigating non-payment of rent or an eviction can be time consuming and expensive and a good property manager should help you avoid needing to do that with good tenant screening or have the legal resources to deal with it if you have to.You do have to manage the property manager and watch expenses especially for large repairs.

It's a burden to deal with this situation, but you do have remedies. 

He says "she is dealing with personal issues, her ex boyfriend tried breaking into the unit several times /sending her threats and shes not available".I have replaced the locks for her and beefed up her security in the past. 

Glad to hear you got out of the deal!

I generally recommend my clients work with a builder who has done 5 or more new builds on their first deal.

What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?