If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Over the years, I’ve gained hands-on knowledge in a variety of areas, including tax liens, tax deeds, rental properties, and fix-and-flips.

For example - the amount that they put down in their brochure of the property, property tax was extremely low - being that the property was assessed before the rehab was done, and was therefore worth extremely little when it was appraised by the City.

If you have steady, high income in a coliving house I think that’s potentially more profitable.

1000 out of 1000 will say: “I rather keep it”.Now take 1000 people from your favorite Tax Lien list and ask them the same question: Do you want to sell your house or would you rather keep it?”

I personally have found an abundance of deals where older landlords no longer wish to own but do not want to pay the capital gains tax. 

Or if they continue to be difficult to work with, start looking for a new property manager.I don't think it's necessary for you to specifically mention in your listing description that you accept section 8 tenants because it's illegal to discriminate on the basis of income in Illinois, which protects Section 8 voucher holders.

The Sewer Charge and Water Supply Tax may be higher now.Check if you’re now subject to automatic annual rate hikes based on CPI, which could contribute to the increase.4.

Chances of collection are slim, what we have done is sent them a 1099 so they have to pay taxes on the amount they owed since we knew we would not get anything from them.

@Ryan Dori lots of options besides DSCR. 1 Year income, Asset Depletion, Bank Statements, and P & L only loans.