I"m sure my CPA sees people trying to get loans and having difficulty because of age.

If it is in yours then likely it is in theirs as well.If it doesn't say in yours then likely it's not in theirs.I can't give legal advice but rather than suffer in silence I would call the landlord and explain you have sensitive lungs and cannot be inhaling in second hand smoke.Second hand smoke is actually MORE DANGEROUS than first hand smoke.The reason is the person smoking the cigarette has a filter before inhaling in and the second hand smoker breathes all the smoke in without a filter.Today's cigarettes are pumped full of chemicals because it is cheaper to make and the burn is faster.The faster the burn the more people will smoke and buy that next pack with a huge mark up.Back in the day smoking was almost all pure tobacco but it is so expensive they use chemicals and very little tobacco today.So in short don't put up with it.

For instance, a home with an ARV of $100k or less, you need to be at the 65% minus repairs, a home with an exit such as yours of $475k can be as high as 77% IF it is an easy and quick flip, guideline should be set no more than 75%.For homes with longer rehab times and higher ARV's like $750k and up, you need to get the rule back down to the 65% mark again.Point being, the rule needs to adjust according to each property type, time factor, difficulty factor, etc.At 81% of ARV + you added in rpeairs on top of that (if that costs was $25k) then your "all0in cost to exit price was 86.5%Your $42k profit based on an estimated $411k cash investment gives you a cash on cash return of 10.2% (that is only half of the minimum I shoot for).

The tenants I have dealt with and the general area has provided some difficulties though.

Vicky - I would say it depends on if they are communicating with you or not and if they are being respectful, but are having difficulty always playing catch up.

Bryan, due to the technical difficulties today, how about giving us a brief rundown on the article . . .

Now, I have a tenant who is having difficulties paying.

We often get asked to deal with these, and sometimes it's too late for us to help, or it's been screwed up so it's more difficult. I

I had some difficulties with the transaction, specifically the protocol for paying the assignment fee, as indicated on a nearby thread about wholesalers.

As I mentioned the only thing making the decision somewhat difficult is the fact that the taxes are so low.