Hopefully the appreciation and the potential write offs are worth it! 

In Dallas-Fort Worth, for example, SafeCo recently began writing new policies again.

This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.

As of this morning July 2nd 2024, a full 2 weeks after writing their current investors that they are suspending interest payments, they are still seeking new investors for investments but do not inform the new potential investors that they have suspended interest payments.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

You don't transfer the Deed, you write a contract whereby they will get a Deed once they pay off the loan.

I’ve heard we can write off or deduct 3/4 of the mortgage interest, house insurance, and repairs.

Fees should be clearly stated in writing, easy to understand, and justifiable.

Following Up + More details: @carolineOur utilities were also opened using an LLC but since the power had actually been shut off the problem mostly came from ICE sending someone out to turn it back on plus installing a new style meter (which had to be approved by our HOA but that was another matter entirely and not particularly difficult).Opening a bank account with BCR as an individual is easy and you can get an atm card in about 3 days but you will be limited to holding only a thousand dollars in it.

All things being equal, a simpler option would be to terminate the lease with a penalty of one month's rent, agreed to in writing.