I am a recent graduate of Penn State University, and currently reside in Bethlehem, PA

Investment Info:Single-family residence note investment investment in Reading.

I agree that Class C is definitely not the way to go unless you are just going to flip the properties to home buyers looking for a primary residence.

@Miguel Del Mazo I “gift” my residents a small discount on their January rent.

These residents caused so much damage and disruption to the entire complex that many non-Section 8 residents moved out.

I'm much better prepared for the future.Thanks again Chris!

You could also offer to cover part of their tax liability through negotiation or encourage them to convert the property into their primary residence to use the IRS exclusion for up to $250K/$500K in gains.

That fills your unit for the winter and buys you time to prepare for the next time.

I have to decide if im going to use a new injection of capital from the sale of my primary residence to:1) Hold in treasury bills at 4.5 percent until I find another property to purchase2) Pay off one of two existing mortgages, one at 3.75 percent and another at 4.5 percent3) Just find something to buy that beats either of those percentages on paper and be done with it4) Possibly loan out some hard money/broker it to a friend to allocateIts never an easy decision, but its a good problem to have.

So unless im prepared to lawyer up 3k just to try and get some of it back the answer "just walk away from your deposits, im trustworthy" doesnt work for me.I have prepaid for work from big names, Lowes installs etc.