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Emma, 35, lives in Los Angeles, and recently learned her late great-aunt bequeathed her a Brooklyn home in her will. The value of the property is quite low, but Emma was thrilled at the prospect of owning New York City real estate, and she was touched that her great-aunt left her anything at all.
The property needs major repairs, and managing maintenance from 3,000 miles away could mean hiring contractors and lawyers. Not to mention, oversight would be difficult…