That used to be the normal thing a lot of people did but since Dodd Frank and the Safe Act came into play your not allowed to do deals like that anymore.  

Cleaners are paid by the guests, cleaning schedules can now be managed easily online, stock ordered by cleaners and delivered through Amazon to the property, and inquiries responded to, all through a little system I built.

They are pretty universal so just to make sure you're safe have a real estate attorney check it over

Some safety basics: Keep a safe distance between the grill and the building.

The neighborhoods are getting more and more safe through community development.

Michael - congratulations on getting yourself prepared by studying online.  

@Joshua DeesWere general contractors we contract out most of the the work, some stuff like painting and light fixtures etc. we do ourselves.I got my license online through Kaplan University, but there are alot of real estate schools in the metroplex, champions school of real estate is the one i hear about the most

You can learn to do your own searches, all the info is online.......clerk of court for liens, Mtgs, etc.

Online maybe?

& Credit Loss (5%): $1,734 (I include the laundry income in this calculation because it is safe to assume that when you experience a vacancy, you will experience an equivalent proportionate loss in laundry usage).Gross Operating Income: $3,2946RE Tax: $5,237Insurance: $1,200Lawn: $870Fuel: $636Electric: $240 (seems low for 12 months of laundry)Water/Sewer: $2,029.94Property Management (10%): $3,294.60Repairs & Maint (5%): $1,647.30Total Expenses: $15,154.84OER: 46% (Lower than 50%, yes, but the 50% rule is for quick assumptions and somewhat worse-case. 46% is realistic for a multifamily, but you still need to verify all of the known variables to be accurate).NOI: $19,525.16CAP (assuming $245,900): 7.94%Now, I don't know the prevailing CAP Rates for 3-families in that part of Manch, but I would have thought they would be better; thereby suggesting that the price is too high.Cash Flow: I'm going to have to make some assumptions here.