Maya Clark Thanks.

I just sold one of our properties in the Riviera Maya with high interest rate seller financing and I can tell you that the buyer got a killer deal, assuming that he'll be a decent short-term rental operator.

I learn best by doing though, so may as well learn soon instead of kicking the can down the road.For my background - I work in software implementation and have an undergrad degree and masters in Industrial Engineering.

Let's also look at the price of land in Toledo, OH in 1945 compared to 1776: Exactly, it doesn't matter. 1945 may as well have been in 1776 in Toledo.

Exactly.If your PM isn't in same town, you may as well self manage. 

Yes, totally free info, but it's all in my head, sorry, no written materials.....but I may as I have been answering the same questions for years.

Starting in may (as stated in earlier post) the tenant was late to pay. 

Quote from @Maya Gorski: Quote from @Lisa DeMarco: Quote from @Robert Geiser: @Rob Massopust Hey Rob, I was hoping you could share the contact info. for the lender that works with ADUs?

Their insurance policy exists to indemnify you and bring you financially whole because of their action/inaction.Now, IF the tenant let their policy lapse and you were not notified, you'll probably need to take them to small claims for your deductible--may as well sue for eviction at the same time and start over with new tenants in a fresh house.

My wife and I purchased our first home back in May as rates dropped and now that we are closing in on being debt-free besides the mortgage our DTI is really low.