This can be an extremely time-consuming and frustrating process but needs to get done.Borrower Calls – Once the servicer finds your borrower, they’ll make scheduled collection calls notating what transpired and what actions need to be taken.Collection Letters – A variety of collection letters are mailed out based on the delinquency of the borrower.Borrower Statements – Print and mail out monthly borrower statements.Incoming Funds from Borrowers– Any incoming funds from the borrowers will be received, recorded, and distributed to the investor, less the servicer’s fees.Year-End Tax Information – At the end of the year, the servicing company will print out all eligible borrowers who have made interest payments greater than $600.

but it's not 2016 anymore.it's just to pay the same, or less than, you would renting.I'm going to use simple numbers. say you could rent for $2000 a month, or you could house hack, and if you house hack, you'd still need to pay $1432 toward the mortgage after collecting rent. this is way, way better. why?

He did it through (1) professional website (2) constantly optimized for SEO (3) new social media articles at timely intervals (4) sponsorship of charitable events (5) ongoing public relations campaign (6) billboards (7) advertising in local newspapers (8) SEM .  

And I use Baselane for for rent collection, banking, and accounting.

Many homes on the same street are multifamily, and this property is optimized for a two-unit setup.

My tenants all get along and the homes are very clean every time I pop in to collect rent in my lock boxes some people drop cash in.

Hopefully you did not pay too much for the dirt. 1 acre is optimal these days because of desired double to triple drive thru for QSR.It can become a problem because if they make the building smaller you get less rent but they do more sales.Example a QSR used to be 3,000 to 4,000 sq ft but now instead wants double drive thru's as not many go inside for fast food like pre-covid.If you get 1,000 a foot less at 30 a foot you just lost 30k NOI and now at 5 cap example paying all cash NNN once developed you have lost 600k value.It can fine as long as you do not overpay for the land.

In the deed sale case there are two clear amounts, the amount the owner owed in taxes and the amount collected from the sale.

All in one and optimization is key for me. 

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