The current discussion is that we'll agree on a payment and then "x" amount of each payment (same every month) will go to principal (instead of following an amortization schedule). 

Just a short list its like 50 ways to leave your lover there are 50 gothcas in sub to. 1. the easiest for everyone to understand the sub to violated the Alienation clause in the mortgage or deed of trust and holder of the mortgage DT / Note decides to call the note due and payable and starts a foreclosure. 2. foreclosure started and the person who bought sub to has no means to pay it off or refinance it and the original sellers credit get trashed and if its a deficiency judgement state even on an owner occ like Texas lender sues original seller for the deficiency. 3. this kind of investing or acquiring assets tends to attract those with limited resources so they have no ability to fix things they decide to scale up and then it goes out of control and sellers are really harmed4. deal goes south and original seller sues or files complaint with AG. 5.

How long do you have to wait if the renters are late on their rent before you’re allowed to file an eviction notice here in Utah?

@Mike Smithy If it were me, I would file the paperwork, serve him, and see if y'all can settle outside of court.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

For entities formed after December 31, 2023 you have 90 days to file these reports and 30 days to file any changes to those BOI Reports.

Equity gained from principal paydown is also free, if the source of the funds comes from the rent (tenant). 

The appreciation and principal paydown gained over the years was well worth the shell game I played by under rehabbing the houses for rent to keep under that 70% ltv mark and still offering enough to take them down.  

Did not even bother filing a claim for the second tree.  

If they did, have them cancel those checks and send you new ones for them missing months of rent.Contact the Georgia Real Estate Commission and file a complaint against your current property manager.