Keep in mind this doesn't account for rehab, repairs, and reserves necessary to maintain rentals.

Optimize your finances by reducing debt, boosting credit, and maintaining strong cash reserves.

One option is ServiceLink, which provides auction services and maintains listings for properties that have been foreclosed and are now available as REO properties.

To maintain my rates, I had to offer more than the competition, which also increased my costs.

I just maintained it, managed it myself and then sold it to the tenant.

One option you might try is to go to Bi- Weekly Payments, this way you collect on the same cycle as their paychecks.As long as both of your tenants still have their jobs, I would ride it out, the 2nd thing is how are they maintaining the property, are you going to have to spend thousands of dollars on repairs because of damage to the property.

Depending on these regulations, you might need to maintain a means of exit from the basement unit, such as a separate entrance to the outside, or ensure that the stairs remain accessible but secure.

Down Payment Assistance: Proposed up to $25K in down-payment support for 1st-time homebuyersMarket implications under Harris include potential stabilization of home prices through increased housing stock, enhanced affordable housing options, reducing competition in rental markets with a greater focus on urban development and rental price controls.Savvy investors may want to focus on affordable housing opportunities and urban renewal projects under a Harris administration.Former President Trump will likely focus on deregulation and private sector growth, emphasizing market-driven solutions and reduced government intervention.

An LLC requires additional time, effort, and money to set up and maintain and juice probably isn't worth the squeeze.

I'm sure the people that felt they were losing chances at money started crying, real estate brokers, stock brokers, business brokers, lawyers and they had their lobbyist go to work at various capitols passing laws to steer the money back to them.