The other tenants will see her as an equal instead of the landlord's child living for free.3.

I have extensive knowledge on the BRRR methodology and a strong belief in San Diego as a strong market for most Rental avenues.

You must haves lived in it for At Least 2 of those years which means you had to have rented it for Less than 3 of those 5 years (5 minus however long you rented it must equal 2 years or more).

Your equity equals how much “cash” you would have left after paying all debt on the property, whether it a 1st or 2nd mortgage, a lien or a heloc doesn’t matter

People who track their net worth regularly grow their net worth faster than those who don't measure it regularly.If you're like me and you belief these 2 statements (I'm assuming everyone does, right?!)

The equity you receive in cash will equal the same thing in a different, CASH FLOWING, property with one huge difference. 

All factors being equal, doesn't it make most sense to pay off the one with the highest interest rate first(IF you were to do it)? 

If the building ever gets a $25 summons ticket from Sanitation (it happened once) we then bill it to the tenants in equal share. (1/3 each for a 3 family) and send a sternly-worded email.Re: Legal obligations - I know of no "legal" obligations to curb the trash on behalf of the Tenants that would supercede what was specifically agreed to in the Lease.  

My team and I are looking to partner with muti family investors around the  country, whatever it looks like, we specialize in acquisitions and have been wholesaling for about 5 years, we would like to start as equality partners and bring deals to others we have systems to hit a lot of leads and experience in talking with all kind of seller's, we would love to bring vulve to others and slowly build up and eventually be full  time in real estate.

These loans DO meet my criteria, so I feel they are safer than many of the funds I looked at.If I'm in a state, like Texas, with great foreclosure laws, this, for me, is no more risky than buying the property for all cash at the price point equal to the loan balance.