House needs some Interior Cosmetic Work, Wood Fence Repairs and some Plumbing Work.I want to turn and run, but I recently heard where there is a Problem, there is Opportunity.I thought this might be an interesting Case Study.Thanks for the Ideas.If they owe $180k on a $210k property and its a year+ behind then they probably owe taxes and other bills as well.

Lets connect and I'm in Texas focused on asset class of Assisted Living and senior housing.

If he kept the house, then your statement would be correct, because there is no immediate taxation of insurance payout.

Usually in the year following your purchase, the property appraiser will reevaluate the house based on the new sales price.  

When did the HELOC on my house with ADU, the first appraiser used option one and I demanded a new appraisal where they would give me a flat value.

We bought around 20 plus houses in a little over two years time.

Check and reset them daily to remove the dead ones and reset the traps.Poison is easier and works well, but the mice die somewhere in the house and you may have an odor problem for a week or two.

My name is Wes and I live about an hour north of Toronto, Ontario, Canada.Looking to get into real-estate investing with long term rentals, BRRR, and House hacking.Currently looking to also find other other local people to chat to about real-estate and how to get started in our currently price inflated Ontario market.Let me know if you're in my area!!

They have a good set of advertisements that focus on their whole house strategy which is good IMHO.We are running about 50/50 on bookings for 2025 right now.

You'll typically need to set up your account and get familiar with the process of working with the local housing authority.