Owners pay not to deal with problems.

Using mortgage debt at 6-7% on a refinance to pay off higher rate debt such as a credit card at 15-25% is a savings!

That is what we thought, but are being told we have to pay SS and medicare on this now even though it is "deferred." 

If worse comes to worse and I need to get a judgement against the tenant and co-signer(s) can I force them to pay?!?

It seems more your fault for choosing the "lying" contractors from the tenants point of view, if you ask them to pay up, I'm sure they would.

If you're unwilling to charge a common fee, I wonder how you're going to handle a problematic tenant who is late on rent or responsible for paying the plumber to remove a kid's underwear from a clogged toilet.How will you conduct a credit/criminal screening without an electronic application?

You might be surprised, but your rental properties have more in common with dividend-paying stocks than you think!

So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.

In addition, you've got your HELOC on your primary you'd have to be paying back also.

Attend in person, bid, if you win you have to pay right then via a cashiers check.