I requested the last 3 years of their Tax returns, P/Ls, and balance sheets.

If balance is not paid in full by the 10th, I start the eviction process on the 11th.Even if the tenant calls in advance and provides a legitimate reason for why they can't pay until the 6th, I still charge the late fee.

You could still explore mid-term or short-term rentals on one property to increase income without relying solely on it, balancing stability with potential upside. 

On my balance sheet I have to assets: 1.

Once it's provided, your lender will need a day or two to update everything with the loan because they cant balance the CD without the updated payoff info.

Whatever you choose, it’s all about balancing cost, effort, and potential return!

It’s important to strike a balance here.3.

If I NEED to sell within five years, this calculation provides insight into the real-world return that incorporates these vital aspects of the investment.I want a balance between steady cash flow and long-term appreciation potential. 

Right now (Q3 2024) everything seems overbanked/overbought.Currently, my focus has been purposely broad but currently split between: A) SF business (wholesaling/rehab) I was asked to take over (on almost no notice – am still badly catching up) and B) Small balance MF and mobile/manufactured housing (<~50-100 units for physical/operational value add)I have made some progress on each but not where I would like to be although I have just recently gotten involved in the sub-institutional space again.

I feel reducing debt is a safe bet.Thanks,Troy When it comes to debt reduction, I would always recommend either starting with the lowest loan balance or the highest monthly payment debt.