You are taking a chance with every tenant and you hope they are not trashing your house and you don't have an eviction.If your condo did not appreciate it over the last 6 (unicorn!!) 

I am reaching out for your expertise regarding a situation involving a seller from who I purchased a property subto an FHA loan in March of last year.

For example, they have not sent us the rent they owned us for the last three months, and here is paperwork to show it is not in our account, here is the contract with them stating they would pay on this day each month, and here is the title of the house in my LLC/name to show you we own the property too.

Thank you for the run down on the eviction, I found a local attorney and she filed for me last week and told me it will take 7-8 weeks.

Lastly, I have looked into syndications and was intrigued.

sometime next month", for the last 4 months!!. 

@Henry Lazerow thanks for putting this out there and it’s crazy how many “tester” calls we got in last 90 days.  

It has lost about 10% of its population in the last 15 years. 

I locked last week at 6.385%, 75% LTV, 2 year PP, 2 pts on a DSCR.  

The tax benefits refer to the tax deductions from mortgage interest and property tax.The returns mainly rely on appreciation, and the cash flow only improves in the last few years, also depending on securing the 5% refinance rate.I've learned a lot from this forum, but as I start to operate on my own, I'm still not completely confident.