.· MOST IMPORTANTLY - Manage the investment not just the property – maintain the asset in optimal condition, constantly increase cashflow, limit liability and avoid issues with the investment.1st Type of Owners/Investors:· Appreciate the work done by their property management team.· Pleasant to work with.· Treat the relationship as a partnership.· Extremely diligent in their initial search for property management companies.

If you're doing a BRRRR, it's quite possible you won't be able to use conventional financing due to the condition of the property.

Cash for keys is your best bet, then any kind of health code violations if a municipality cares.

Does a CMA typically involve a walkthrough of the subject property to get a more accurate assessment of condition?

And although the building is old it has been kept in really good condition!

All other lenders want 25% with 30year term but all units must be livable condition.

Ask yourself, what is the likelihood that this 80 year foundation is going to crap out on me in the next 10 years based on the condition it is in NOW!  

Not a great neighborhood, old town Temple, many similar homes, many in worse condition.

Any condition home has the potential to be a great investment Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Any condition home has the potential to be a great investment Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?