If they were long term I would let them break the lease and if the home was left in good condition then I would return the deposit - now this is just me but you have  alease that dictates specific terms that you can uphold them too or not.It would be ok to ask for the death certificate, and what you could say is its our policy to waive the fee for death but we need a record of it.

That is an entire property in some cheap markets.2) will the rent after the high LTV refi to extract the value add at least break even.  

I'm hoping the market will break open after the election.

Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?

I'm not certain that I'll break my properties out into different LLC's once I feel my portfolio has reached it pinnacle, but my main reason would be protection from liability.

@Drew Smith - Its been a break even situation for me. 

(Obviously, depends on the neighborhood and I know there is a good amount of crime)I could fly out to buy/live there for a while to get it fixed/rented since I'm taking a break from work.

None of my business to say what the value of the property is, but it's extremely difficult when they make or break a deal.

Break Down Monthly Income and ExpensesIncome: Track rent payments, late fees, and any other income (e.g., laundry facilities, pet fees).Fixed Expenses: Include mortgage payments, property taxes, insurance, and property management fees.Variable Expenses: Include repairs, maintenance, utilities, and any unexpected costs.Capital Expenditures: Set aside a portion for future big-ticket items (e.g., roof replacement, appliance upgrades) as a reserve.3.

Thank you all for your opinions and insights, in light of the recent information we have banned Bob Prisco from the forums effective immediately for breaking numerous forum rules.