In plain terms this means that the magazines, lawn cares services, etc. that were billed to you are legitimate and you have to pay those bills.

Since renters don't take as much care of the rented property, how much rehabbing should I do?

As I said before, we should have this all taken care of soon!

You may claim it as a gift from you ( this should let them know that you care about them and allow them to take a much needed vacation after they have a chance to set up their new home).Feel free to post a reply I will check this thread periodicallyP.S I have noticed that one of my coworkers have also posted in this forum so I just want to say hello to him.

OKAY SO THIS IS WHAT WENT WRONG.omg. i had no idea being part of a condo association is so ridiculously annoying. i thought paying assessments would reduce the burdens as a SFH owner since everything is taken care for you. well #1, they refused to let me move in on a weekend but i work 5 days a week and have no place else to go so i crossed my fingers, UHauled my stuff, and hoped i could move in on the day (sat) after i closed. i moved in but the security guard said i should be expecting a fine for an "unauthorized" move.then me, being a complete newbie, tried doing as much rehabbing as fast and as soon as possible. got a guy to tear out all the old fixtures, vanities, flooring, cabinets, etc... got a painter to come in to paint... guess what?

Real estate can be a high quality investment when chosen carefully, with professional help and due diligence.

Certain others may not care and could make a total disaster of your work and money.I would highly suggest talking with a property manager in your area who deals with tenants in those types of properties to avoid shooting yourself in the foot.

I also became aware of many crooks who where trying present a not so honest offers. if there is anything I could advise anyone regarding RE investment, that is do your homework carefully.

Although there are very strict rules monitored by the Securities Exchange Commission (SEC), your broker still does not truly care whether you make money or not because they get paid if you do what they tell you to do… and NOT if you make money.

i don't care what kind of "sweet deal" you offer the "motivated seller".