In my case no prior experience.Thanks in advance for your input!

Two months later we get a late night text stating they had moved out 2 weeks prior.

I like to tell beginners to do one thing excellent rather than be average in everything.Start to make real life networking connections with seasoned agents, contractors and start finding partners prior to any property hunt even beginning.

You should have a really solid foundation of knowledge prior to building your team.

First, prior to the tenant occupying the property, this house was majorly rehabbed with new carpeting in living room, new luxury tile in kitchen, new appliances, new bathroom (tile, floors, cabinet, toilet, etc.), hardwood floors were immaculate and the entire house was painted top to bottom.These tenants have been very physically hard on the property.  

If it is an emergency that must be dealt with immediately to protect life, limb, or property, please text me at {phone number}"30 days prior to lease termination I would send them written notice that you will not renew.

The previous landlord really should have had the tenant fill out a property condition report prior to them taking occupancy.

I think it needs to be filed 21 days prior to settlement.

As of today they are moving in and we have a contract with Section 8 for a rent of $1,495 in this unit.So, the numbers:Purchase: $225,000 with 25% down First floor and building reno: $25,000 Tax abatement year 1: $1,300 New roof and partial 3rd floor reno: $2,500 deductible Third floor reno: $28,000 Cash out refi: $60,000 back to us based on appraised value of $330,000 prior to 3rd floor reno.

Short sale would be a fantastic approach however I am under the impression that most banks require any property approved for short sale to hit the MLS for a period of time prior to accepting any offers.