Asking for a rent reduction , threatening lawsuits over health hazards , asking for hotel stays , complaining everytime they get a sniffle that it’s mold and the list goes on .

While yes, you absolutely have to get those tenants gone before you take possession, you cannot , as some have suggested, just “lay down the law” like a hard-nose.

The fact that your realtor appears to be looking down her nose at the fixer properties might work to your benefit in the negotiations as she may unconscious.

I left the properties (nose still in tact haha) and told Dan I'd call him after I get home and run my numbers.Once I got home, I calculated my numbers and knew that I wanted to get the properties under contract  for $20,000 total.

As dead equity accumulates due to pay down or appreciation your returns take a nose dive.

I guess my point is that for people to say the smart move is to invest everything they can so they can earn 9% or 4% or 15% on a bit of a crap shoot, it doesn't really make sense to me when there's an easy guaranteed free money opportunity right under your nose that will also get you out of debt.

I then used a piece of that metal stair nosing where you can screw it in to hold to the stairs in place.

“Have a heart to heart” my God- after they have not only thumbed there nose at the lease, but convinced another tenant to start trouble as well.He needs to clean house, ASAP- and he can do it, stop telling him to live in fear of the laws and his tenants.

then... you pay through the nose. 

If your okay renting to someone with neon pink hair teardrop face tattoos and lips and nose covered in trinkets and fish hooks then go for it