During this process I've run across a property in Birmingham that has some good numbers "on paper."

I look at it as profit on paper only and is worth nothing until a transaction is complete.

If that’s the case, should I be looking into pulling the equity out of the house in the form of a mortgage to help generate a paper loss (I would estimate I could get a 100-120k mortgage).

What type of damage award can be given for what would essentially be a paper cut?

You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

Once you're ready to put pencil to paper, drop me a line at the link below.

Tenants are going to bail whenever they need to regardless of what it says on a piece of paper. 

I rented the property in 2022 and my dad signed a paper confirming that he relinquishes his right to the property as well as that he did not pay any capital . 

We intend to underwrite this to ensure we would be profitable with long-term tenants at a minimum, with MTR being our preferred cash-flowing strategy.Before we do anything, this will be a lengthy paper/spreadsheet drill to make sure the numbers work. 

The individual or organisation in charge of accepting legal papers on behalf of the LLC is known as the registered agent.