All expenses would go on each account and it made year end accounting very easy.Ally alerted us that they are closing our accounts due to our failure to "properly secure" our accounts.

Proper vetting of tenants is important. 

Financially, the numbers make sense, but I need to have a proper inspection since this is my first home (and I'm going unrepresented) and the house is built in 1915 with some renovations that were clearly done by the investor selling the property rather than a professional.Question: Although  previous owner has owned the property for 3 years and rented to tenants previously, should I be concerned that the legal zoning is only for SFH?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

This letter will serve as proper XX-day notice that we will not be renewing your lease for another term at that time.

But I do think you need all those tools all the SM to get yourself out there and then proper follow up its a belly to belly bizz you need to talk to people live in person. 3.

Stat. 720.385) So if the junior lien holders were properly served, their interest should be extinguished. 

Also I don’t have a choice it’s real estate or nothing, financial freedom is getting achieved no matter what, I’m living the lifestyle I want and I need to retire my mom she’s 52 years old and has $2K in her retirement account.

It would force the contract flippers to properly vet the deals.

It's about always having enough money to maintain your lifestyle throughout your lifetime.