The prior owner was on the hook personally for $2 million.I was worried enough to speak to a lawyer involved in these litigations since his S Corp and he and his wife was sued personally as the owners.

I have reached out to the mortgage company, the agent I spoke with said that the payoff is non-negotiable, I asked to speak with a supervisor and am waiting on a call back.

Both have many positive feedbacks (also few negatives as well) but wanted to check if there are others.Thanks

Hope this brings her to speak with her mother.

I’m sure that will eventually catch up to me and I’ll have some problems but I feel the increased tenant pool outweighs any negative.

Do your research on the forums for general tips on hiring a PM, what to look for, what to look out for, good stories, bad stories, learn from others about their experiences with all kinds of PMs all over the place and take what you learn when you're speaking to PMs in your area so you can more easily see red flags, or green flags!

Working from home has negatively impacted the commercial real estate space in my market.

One note is that if the property was helping cover my costs of living while I house hacked it I wouldn’t worry about negative cash flow while I resided there.

You can certainly buy a property that cash flows immediately, but once you add a property management fee and the cost of someone to clean it between rentals (which can be much more expensive than an average cleaning if they have to do a trash-out), it may negate the benefit of buying in a lower-cost area. 3.

@Luis Maza, there are multiple factors.First, I can't speak for all wholesalers, but all but one wholesaler I have ever worked with has been very far off on their numbers.