Census Bureau, Texas added just under 563,000 new residents between July 1, 2023, and July 1, 2024.Florida came in second, adding 467,000 new residents over the 12-month period, and California came in third, adding 233,000.

He uses poorly thought through methods, I've listened to his "methods",  Thus, he has the high amount of  Due On Sale called in a short period of time. 

I just meant to say that it's our next goal to build that up, having just gone on a spending spree on fixing up both properties in a short period of time.

After the 24-month period, you have more flexibility.

I am currently under contract for a property, and my inspection period has just expired.

This isn't 2011-2013 days but many people are stuck in that time period STILL.As I finish my licensing study, I'm very grateful I chose this route as opposed to being a one trick pony.Wholesalers did themselves in by their method of operating.  

Would you be better off selling and purchasing a less expensive property that would require less carry should it become vacant for some period of time?

The violation - depending on your state - will provide a 'cure period' before eviction proceedings would begin. 

.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.

Hi Amanda,If they are trouble tenant then you should probably provide them whatever the notice period is in the current lease and just have them move out.