It's not your fault that the tenant has to vacate, so the tenant should have insurance to protect them against any additional expenses.

List price: 445,000.DP: 89,000Closing: 8900Total Invest: 97,900Projected mortgage: 2500Rent: 1700 per unit, 3400 totalTaxes: 42Insur: 263CapEx: 100Repairs: 100Vacancy: 100Total expense: 3105Cash flow: 295, 3.1% - 6.0% CoC return. 

My wife and I use to live in central GA and in North Carolina but moved out to Arizona a couple years ago.

They have many servicesWe used them for our living trust -didn’t deal directly with mark but people were Knowledgeable and was easy to work with

We plan on living in the house and doing most of the fixes and renovations ourselves.

The past tenant was a hoarder and the apartment has not been lived in or touched since 1999 (26 years)! 

No additional statement was made that it would be at their expense.

At one time, I told people to spend money on a skip trace so they could file the in personam QT lawsuit (the one where you can served lawsuit papers on all defendants) and avoid the expense of the in rem QT lawsuit (the one where you need a GAL).

Have enough that after you buy the property you still have 6 months of expenses in reserves that you can use for daily living.

You can also write off expenses such as property management, insurance, repairs, etc.