Quote from @Sharma Parth: Quote from @Jacob Sherman: are they selling the rent ready properties or consultants guiding you start to finish in the process  rent ready properties. they will take distressed properties > fix them > get you  section 8 tenant > and also offer management for you Sounds like a no brainer if the  numbers are right .

@Alec Barnes As the owner of a property management company in Texas, I completely agree that a solid screening process is essential for placing quality tenants.

Everything you describe though is just the normal process of how taxes are reassessed when a property is sold.  

;(- if as-is value is less then the balance on the mortgage + arears OOOPS you need to have the owner work with the bank, you as the investor buyer AND a short sales expert often an agent work the tedious and usually failing short sale process. 

Purchase price: $150,000 In the process of buying 1.21 acres in Isabela, Puerto Rico.

It's such an exciting part of the process!

Any advice or insights into the process would be greatly appreciated. 

We are starting the process of analyzing deals, making a plan and executing on it. 

If they are not paying rent then go through the eviction process as normal.

Now you repeat that process until it's paid off.Disadvantages:It took a while for me to set up.Bank account is always low, lol.People can spend a lot with that amount of credit.People think I'm weird when I tell them DId you analyze what would happen if you moved all of that money you were using to pay off a heloc, not get a heloc and put that money in a treasury or other type of account that got you 6% interest or invest in an ETF or something lower risk?