Is it exhaustive?

Just had it all repaired today and I needed to dry my clothes bad so I didn’t even bother asking the HOA for approval to cut a hole the old siding to install a vent exhaust because approval would take weeks.

@Jeremy Strong unless you are paying W-2 employees or are electing to be taxed as a corporation, there are few-to-no reasons to have an EIN (I can’t think of any, but I haven’t done an exhaustive search either).  

I have been buying quite a few properties here recently and have almost exhausted all my liquidation. 

@Julie WilliamsOrdinarily I say exhaust all of your conventional financing options before going commercial, but with commercial becoming more competitive, especially in the maximum loan to value for multi's lately, you should consider it. 

You can even start the eviction process if you really want to now, but I would start with the notice.As you said, the declaration only applies if she has gone through all of the steps and exhausted other efforts of payments.

Once the process becomes systematized, it is a lot less burdensome.Regarding cash-for-keys, I wouldn't waste your money unless it looks like you've exhausted other avenues.

I just realized that i asked like a million questions in one question but your thoughts on initial setup from the time you see the property to when you are renting it out will be highly appreciated.We always recommend you exhaust your conventional/conforming loan opportunities before jumping into the DSCR world, but I will say you shouldn't let anything dissuade you from getting started. 

However, I initially began putting in offers in the 500-600K range because I qualified for a second home (10% DP), thinking that I'd exhaust that option before buying a larger property.

If all of these are exhausted and the tenant can't pay rent, then they can still file for the eviction.