When you understand where these conflicts originate, you can build simple systems that prevent them before they escalate.It’s also important to recognize and understand the normal dispute-resolution process for real estate when the landlord is on the wrong side of landlord tenant disputes and the process and expense of accessing the landlords personal bank account.

When you understand where these conflicts originate, you can build simple systems that prevent them before they escalate.It’s also important to recognize and understand the normal dispute-resolution process for real estate when the landlord is on the wrong side of landlord tenant disputes and the process and expense of accessing the landlords personal bank account. 

That’s where you come in as the buyer—by recognizing the opportunity where others see inconvenience.I’ve purchased multiple properties, and most of them were tenant-occupied with below-market rents—sometimes 50% below market.

.: @Alex Olsonyep. long + unreservedly positive = AII think we have seen enough of these “I’m thinking of investing out of state” threads by now to recognize the trend…The majority of replies will be people with something to sell: agents from the fly-over states, turnkey providers, property managers, etc.

The real great buys out there, are ones that are recognized as such by only  a few, and certainly not by someone without significant time invested in the field.  

If so they have little incentive to exert effort to collect unpaid rent.Both can work, but recognize the fees for similar level of service are likely going to be fairly close.good luck

I also appreciate the balance between acknowledging uncertainty and recognizing opportunity.

My fault @Miles Mac - We've had a couple of people pass through the Chicago Cashflow Breakfast Club since you...either way you've got a good looking picture so I should recognize you lolRisks mainly lie in the time commitment required to manage &lease, and in the actual management of the people within the property.  

This is recognized as an alter ego.The question investors should be asking is simple.

The same grayish LVF did not work as will with other colors.We still attempt to minimize colors, but not to the extreme.We recognize advantages of single color paint options, same flooring, etc, but we also recognize the advantages of not having dated units.