And who will be taking care of the animal if she gets arrested away from the residence - the cops don’t know there is an unattended animal at her (your) place...Time is of the essence.Don’t be hard on yourself - you did a background check, which fell short.

I estimate the property to be around $220K in value, and want to pay my father out about $160K for it.Caveats:It is zoned as a single family residence, but there is technically 2 units (Front and Back.

I estimate the property to be around $220K in value, and want to pay my father out about $160K for it.Caveats: It is zoned as a single family residence, but there is technically 2 units (Front and Back.

Some counties charge you more money than others on transfer fees or additional expenses you might not be taking into account. 3) Just remember that there is a reserve price in most REOs in auction websites.

When entering the contrat you can also choose to request estoppels, which is a document that the current resident signs verifying what they pay in rent, their deposit & other details of their lease. 2.

So I will have cash reserves set for the property.Current RentsUnit 1*: 615 Unit 2: 775 Unit 3: 775 Unit 4: 600 (Will occupy this one)= $2165 monthly rent* I plan on upping this to 775 once in my possession, and eventually increasing all of them to 850 once it's turnover time.

I actually bought my primary residence in L.A back in 2010 on realtybid and got a good deal on it..but have since sold it.. but that was when the market was totally different than today of course. 

I am looking to purchase my first investment property but have a question regarding my primary residence.

He said a cabinet shop that employs 200 of the 1,200 residents in Cottonwood is shutting down, so that is probably an area to avoid.I agree with @Dick Rosen. 

Our tenants have our contact information already, but we haven't had any non-residents of the building contact us through the sign on the building.