Yes, it's very competitive out here, but I remain consistent.

After you speak to 3-4 lenders, the remaining 10-12 should be easier as you'll know the language more specifically.

Not all the properties were lost, but the remaining assets did not throw off any more dividends, and some big sharks started to circle, whose names you would probably recognize. 

If they are on a one-year lease and have six months remaining, follow your state lease laws or the terms of the agreement.

Remain dedicated to your objectives and keep developing as an investor.By leveraging your skills, passion, and dedication, you're well-positioned to succeed in real estate investing.

x 12 months: $7,488With Depreciation (lets take the 30 year, not worry about re-coup costs, and assume the value is all in the building and none in the land) ~3,333, add in the fact that you have a tax shelter (~$3,000) You've effectively made $15,000Pay off in 24 months: Now lets keep the math simple and pay off 1/2 of the remaining mortgage:  69,000 / 2 = $34,500 - $15,000 = -$19,000!

Assuming going off your usual 80% LTV, a $600k building is $120k down with the remaining $480k financed.

Several factors could explain why the homeownership rate remains relatively high.

My opinion is that the higher end stays will remain healthy because those guests have more disposable income while the lower budget stays will take more of a hit.

I managed to do that through a combination of doing cosmetic updates and then refinancing out plus using cash flow to extract any remaining money left in the deals.If you want to be aggressive like that you'll probably be looking out-of-state.