NEVER give anyone the keys until you have all move in fees, money due you in your hands and utilities (if they are to pay them) placed in their names.24.

2) If I SELL it, then I may have to payoff the Mortgage Balance and also pay the Transfer Taxes.

We have some unique hybrid plans for unique/smaller portfolios...really the goal is to always make it a win win and essentially make sure by adding management it will increase revenue that exceeds cost or of course free up owners time to be 100% hands off.

Property transfers are slowing down, home flips are inflating figures at unjustifiable amounts, and quite frankly, Phoenix is a place where when a recession hits, companies start cutting jobs in backoffice functions first, many that reside here in town. 

The other nice thing about it is that my loan is transferable and assumable.

You need a few things, cash (see above), good credit, a little discipline, and some serious guts (I remember sending the first wire transfer 😮).

You need a few things, cash (see above), good credit, a little discipline, and some serious guts (I remember sending the first wire transfer 😮).

The listing has been pulled and I got some valuable first hand information from my tenant about occupancy rates, who the tenants are and length of stay.

Hit them up. looks like your interest in this you should get a book on aviation short hand.. some pretty cool stuff there  like Tod is not a name its Top of Decent point... and so on and so forth there are bout 200 of those.. over the years you pretty much get to know them all.. 

On one hand, I am willing to be cramped in the small house for another two years while we get our investing started.