Jon,I always tell new landlords to go to eviction court and sit in the back row and see how the eviction process work and after that visit your constable office and find out what constable that works your area and introduces yourself...

I had one unit sit empty, vacant, and unrehabbed until October of this year.

Listen to your local attorney, that's what you're paying for.Having bought many tax sale properties, I have NEVER been able to get title insurance, finance, re-fi, or sell to anybody knowledgable, without first either getting a Quit Claim Deed or running a Quiet Title Action.

This can help ease that main road feel.I'd try to lease as they sit today (or as close as I could get away with), stabilize, and get a feel for the market.

We'll err on the side of pricing that one high and letting it sit for a bit if necessary.

It all depends on how you position things to them.Keep in mind a lot of busy professionals only get 1-2% return on their money as it sits in their savings accounts.

After inspection, termites were found through out the home and since the house sits on bricks, there's issue with no mortar on most of the bricks, slight water in the basement.

My "uncle" ( not related through blood ) who has no next of kin except for his sister and children. ( my uncle and his sister have absolutely no relationship, and he has no relationship with his nephews or neices )Wants to give me his business and the land it sits on.

I'd rather take a little loss on the front end than have the house sit vacant.

Id love to hear stories of how you begin, though i know the area has changed quiet a bit since you were around.