All Forum Posts by: Dean Klein

Hi everyone. I own 4 rental properties including my primary residence that I house hack. I am getting interested in moving again and purchasing another duplex to live in so that I can put a smaller amount than 25% down. As far as I can tell, the lowest I can put down is 15% without going FHA which I don't want to do because of the PMI. Is this the standard going owner occupied?

I own several properties in southern WI and in this case, knowing that they are already not following the lease, I would have issued a 5 day pay or quit notice on the 2nd of the month when rent was not received on the 1st. I have had to issue several in the past year, I give the notice in person, or attach to the unit door, then mail it certified the same day. 

I would be acting quickly in your case since it's already almost half way thru February and you have not been paid. Take photographic evidence as much as you can regarding the lease violations, pets, smoking, ect but it sounds like you will have an eviction on your hands for non payment of rent.