The property was occupied (still is) with 1 tenant that I am now having the exhausting pleasure of evicting. 2yrs later, said tenant continues to try every angle to delay the court granted Marshall’s execution.The “2nd” floor was poorly renovated (bad contractors), new tenant moved in and a year later, another eviction process has started as they lost their job and refuse to move or pay.Stuck with a very large mortgage bill (that I am paying), utilities and making small repairs to keep the property up also noting the casual 311 complaints from both tenants. 

It’s been bumpy with positive income. lots of expenses,  220 w batteryinstalled, utilities , gardener,  Water heater etc and cohost is eating up positive.

A good property management company will utilize market focused tools and systems to market the property while using automated systems to manage the property in a seamless manner.

I am just curious if you are utilizing cost segregation strategies for your investments? 

However, don't have any of those loans anymore (most paid off).The only thing I do that you don't, is use trusts, and love them and they have saved my bacon a number of times.When you said all those loans have paid off, are you utilizing other methods than Sub2 at this time?

Biggest lesson here for everyone is NOT to include utilities EVER!!!!!

.✅ Flood Vents & Mitigation: Adding proper flood vents and elevating utilities can help lower premiums.✅ Private vs.

Really a market you get best of both worlds between rent/value appreciation and cash flow.Birmingham, AL on the other hand is a market that produces great cash flow. 

But then after finding something I'm interested in, I usually have to do more evaluation on a spreadsheet (find out a cap rate, figure out potential rent, interest calculation, utilities, property taxes, wear and tear, depreciation, etc) and then find that the numbers don't work out.It would be great if there was a tool that had all that information in one place, and would do the analysis instantly!

I'm trying to figure out a way to utilize a large storage building at one of my MTR listings in Memphis.