.$160,000 purchase price.Rehab around $80,000 (More than I budgeted).Optimized rents between $4,000 - $4,500.ARV is $350,000+The deals are out there and don't rush in.All good things take time.Much success

Even if you can track down their bank accounts, you can file the garnishment once and collect whatever is in the account.

In year 1 I would collect about $17,900 in interest and $3,400 in principal.

Quote from @Denise Evans: The law changed it to 4 years after the first auction, or the first sale by the tax collecting official.

The ten year yield dropped into the high 3's yesterday on a mix of optimism, Powell's commentary at Wednesday's meeting, and a particularly ugly jobs report yesterday morning.

We have a collection process through our management software we use.5) small dollar amount in Iowa I'd say go for it yourself.

What if they have collections or judgments?

I know Keith personally I would be surprised if he had a collection situation that was not perfected.

You can invest in anything except the following:  Life insurance (SDIRA only) and for both collectables and disqualified parties/prohibited transactions.

Consider all of the services a full service short term rental property manager offers: marketing the property on over 50 websites, taking professional listing photos, optimizing rates to maximize revenue, manage all guest interactions from inquiry through checkout, manage all maintenance issues, collect and remit city and state hotel taxes and manage reviews.