Her brother passed away and the property was ina  trust.

My goals with the money will be to retire early, travel (I am a Flight Attendant), pay off my parents mortgage, give back to those in need, save money, and be able to do the things I want to do without the burden of constantly worrying about money. 

Quartz makes sense for a high end unit/ fancy neighborhood where you can and will attract tenants willing to pay more for them.Repainting is often a no brainer, but could be based on the current conditions as to whether or it is needed.I agree with Melanie on researching the washer/dryer comps. 

@Zach Knoll I sure hope you didn't pay for one of those syndication mastermind courses that sells you on the belief you can assemble all of the components and educate a bunch of random's on how to empty their IRA account to fund your deals.

The more desperate a person is, the more likely they are to pay this fee.

Some places have caps on the % increase per year on property taxes (thinking about Oklahoma City as an example), but KC does not.Also, and I know hindsight is 20/20, but never trust the numbers on the listing. 

Here is the scenario, the borrower misses a few payments, but resumes paying on time.

Was my original thought.Fast forward 5 years and now I had $200,000 in equity between market appreciation and principal pay down.

The investment needs to pay for itself, but they are not chasing cash returns because they know they will be buying up an entire portfolio of high risk properties. 

We have started including disclaimers to property owners when dealing with water penetration especially on interior walls that can come in from the roof, the siding, windows, doors, etc.Generally if you're not happy with your PM you should trust your gut and try out someone else, but also keep in mind 2023 and 2024 to date have been the most difficult leasing years in the last 10 years nationally and especially in Philadelphia.