Signing the lease demonstrates they agree to the terms and then you can hold them accountable.If you don't do this, then the person named on the lease and paying the rent could disappear and you would have no legal authority to charge the remaining three for unpaid rent.

Talk with the HOA.

This is a big challenge in the MTR space.

If I pay off the first lender, how can I foreclose on the property using the total balance of both loans.

Absolutely, real estate can still be a smart investment—even in this market—and the Panhandle is one of the best areas to consider right now.

Home equity is the difference between what your house is worth and what you owe on your mortgage.

Also, I am guessing that due to the state of the house, it would not qualify for a conventional loan?

How did you add value to the deal?

That's when it clicked for me - that cap rates are more just a measure of risk.

I would love to make a move before the end of the year and so I keep trying to decide which of the following is best for me:1) Buy 1 more expensive CA property near here, and thus a better tenant (less likely to cause issues), but lose a little bit of money every month due to the current numbers, while hoping for future appreciation?