Judicial foreclosure requires a petition to the courts, and a court trial ending in an order by the presiding judge allowing a foreclosure auction to take place.  

Being a petite woman, I was never fond of meeting strangers in vacant houses either when I first started with my personal rental portfolio.  

A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants/higher rents & reduced management expenses Tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property.

The closures arrived at a time when Phoenix's retail market was tight, with space for expansion becoming increasingly rare.

My timeline for turning over vacancies is strictly four weeks, which is the maximum acceptable period between a tenant moving out and the arrival of a suitable new tenant.

Guest checks out, cleaners arrive to clean, conduct post stay inspection, and reset the home for next guest.

. $550  / mth * 8 unit = $4,400 * 12 mths = $ 52,800 GRI  ****not $53,800****The formula for CAP = NOI/PriceNOI = [GRI - V&C loss + OI] - EXP  *****You did not subtract for expenses to arrive at NOI nor include a vacancy and collection factor****Assuming expenses are 50% and 100% occupancy (which 100% occ is not realistic all the time).

When the day to sign the lease finally arrived, she called me and said she had to back out.

or just take my own pic when they arrive to move in?

Baby girl arriving April 2025!