Here is a quick update on the market for you:Fed's almost certainly going to cut rates this month—traders are split on how big it'll be though.Odds are at 75% for a 25-basis point cut and 25% for a 50-basis point cut.

Quote from @Tiffany Roberts: Not everyone is cut out to be a Landlord.Yes, you may kick yourself in 10 years.

This is a very common mistake that investors make and it will cut into your rent and days on market by a lot.

One claimed $100 per day fine from not cutting grass for 2 years to take the $70k excess proceeds.

This house also had a recent price cut but to your point, it might very well still be overpriced.

@Nicholas Jose the tenant estoppel is usually during escrow and the deal could fall through or the closing date could change before you get to closing so I'd have it be cut entirely from the letter and then just get your info/ tenant estoppel during escrow with separate documentation.

Cut your losses and get her out.

We have done private lending and have done deals where we were debt and equity -whereby we were the debt component but offered a lower interest rate in order to get a share of the equity.

So he way overpaid and now 6 years later the properties are barely worth what he paid for - we have seen about 50% appreciation here in Milwaukee in the last 6 years.In fairness, turn-key providers have to make a profit, so they have to cut a slice out of the deal.

It should cut down on costs and complaints.If the tenant demands upgrades you can't do, I'd give him whatever notice is applicable in the jurisdiction to tell him to go pound sand and find another place to live.