It can also work if you're planning to do an option, assignment, or double closing, because you're not taking on the risk of holding the property for an extended period, but if things continue slowing down (thank you, high interest rates), you'll want to be very careful about how much you're offering, especially if you stick to the straight flipping model, where you take title to the property and don't make any improvements to force appreciation.

Government is nailing real estate investorsto the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information”.The BOI program, a key tool in the fight against financial crimes, requires every business to document their 'Beneficial Owners '.

As my real estate portfolio has grown over the years both in terms of the number, types and location of the properties, including across states, I have continued to use my own designed excel worksheets to track records and prepare reports, including for tax purposes.However, my worksheets have now become cumbersome and more time consuming to manage.

Refi and recoup the same costs (hml, holding costs, down payment, closing costs)• Over the remainder of the year, continue building a new down payment using the recouped primary residence down payment, mfu positive cash flow, and any money left over after primary residence PITI (PMI should be removed after the BRRRR on the property)11. 

Hello @Kenji Tominaga,Agreed with @Chris Seveney regarding having the owner offer cash for keys.Since there aren't many options on the market that can compare to the deal you have in place, I'd recommend waiting it out (if possible).Chances are, the value of the subject property will continue to increase while you wait for the tenant issue to be resolved.

The mother has continued to pay the property taxes and has kept them current.

I'm still a little gun shy about it, but I'm glad that things are better for you and it does help to encourage me to continue considering it.

I fully intend to continue utilizing their services in the future.

Keep renting it out, start to increase the rents, and continue to watch it appreciate.2.

I’m going to continue shopping around.