Haven't had issues because the properties net enough to repay those costs and cashflow from year 1.

Managing it has been exhausting, especially with the tenant issues and LA’s landlord policies.Here are some details about the property:Purchased for $650k, with about $90k spent on renovations.Current Redfin estimate: $1.1M.Mortgage interest rate: 3%.Would selling it “as-is” during the eviction process make sense financially?

Clay soils mean that drainage is really important to prevent foundation issues.

The interior was outdated, the landscaping was overgrown, and several deferred maintenance issues were apparent.

Another issue is that many lenders do not lend below 630-650 FICO/credit score. 

The interior was outdated, the landscaping was overgrown, and several deferred maintenance issues were apparent.

As you progress, maintaining a clear line of communication with your team, especially your property manager, will allow you to stay ahead of maintenance issues and tenant needs, keeping your operations smooth and your tenants happy.If you haven't done so already, consider outlining your goals and investment criteria with a property manager early on.

Court of Appeals for the Fifth Circuit issued a stay of the nationwide preliminary injunction previously granted by the U.S.

I contacted Zillow about this issue but received no response.

The issue I have seen with these types of properties is they could have two valuations - the value of the real estate which the structures will have little value and you have the land the other is as an operating business just like a bed and breakfast would have - real estate has value but it operates a business now you mention 12k / month but if someone also has to manage the property what is that worth and what would someone pay to manage a property like this?