Monthly pre-tax income for household (minimum $5000)7.)

Also what does the city say is the assessed value of the property on your taxes (it will be different than the appraised value, but should give you an idea).

Assuming the liens were the mortgage, taxes, hoa etc and totaled less than the purchase price.

Instead, You get to use the tax for your own benefit and purchase better property/ properties.

When you add purchase price, carrying costs for at least 6 months, materials, labor, real estate agents costs and taxes, do you have at least a projected 10% profit?

I've sent letters to the owner on tax roll.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.

If you use a DSCR loan you could maximize the equity you could take out while still breaking even on the mortgage + taxes + insurance.

We have been fortunate to rarely hold any security funds from former tenants.