Have gloves and masks for the men , you dont know whats inside Send them a letter telling the residents that on DEC 12 they will be evicted and all their belongings will be put on the curb .

These employers frequently attract new residents and create a steady influx of good quality renters and prospective tenants. 5) The Albuquerque metro area and Central New Mexico enjoy over 310 days of sunshine and a mild climate year-round.

You can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional or 3.5% FHA with a few exceptions.

There is nothing in the original post that stated the resident's situation was anything like yours.  

One possible way is to qualify for a loan, get a house with multiple bedrooms, and rent it out to multiple people.

The resident takes care of everything and usually stays 3-5 years at least. 

This is when you buy a primary residence (1 to 4 units, the more the better) which you can usually get for a very low down payment and get the best interest rates on and then rent out other units and/or bedrooms within your unit to pay for the mortgage and other expenses.

@Nathan M kieferIf you are getting $400k in W-2 income, unlikely you will qualify as a real estate professional unless: (1) you have equity in the company and its in an industry that allows you to qualify as real estate professional; or (2) you have a spouse that qualifies.

Real Estate should not be depreciated.Depreciation is one of the most beloved tools in real estate investing, but let’s take a moment to challenge the norm: Should real estate even qualify for depreciation?

If the loan is maturing in the next few months, the owner has no way to refinance at the current high rate, since the cash flow will not qualify for the double high interest rate.