This could be the perfect timing to convince a property owner it’s time to collect their final check for the house.

What if they have collections or judgments?

They are at 7 and 9 years so far.)My PM pays for themselves in too many ways…I don’t face any fair housing violations because I’m not keeping up on monthly changes local, state and federalThey take care of advertising, showing, rent collection, charging late fees.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

If it's allowed in your area collect a double deposit to offset the possibility they're going to default.

The county tax collection official will add to that purchase price the full redemption amount for John's 2020 lien.

You should read the ENTIRE state statute on property tax collection and delinquencies to fully understand the process. 

A co-signer COULD be good IF the co-signer is "collectible".

So your material participation is assessed across all your rental properties collectively not one-by-one.

, we are super blessed, it was not easy but it wasn't super hard either, and the tools here at BP are a VERY good resource to Analyse deals. thank you, guys.we are renting this property now to a wonderful family, they are super happy with the place, and we are collecting $1,200 P/M rent with over just over $500 in cash flow :) I just wanted to share to encourage new investors!!!!