Joel is very correct in suggesting you remove all of the old hive to prevent them from coming back on a annual basis.

This entire situation would have been prevented with that simple rule

It's always best to disclose as much as possible when you are licensed, it could prevent major problems down the road.

You also might want to get an attorney involved quickly to prevent any more surprises from popping up.

Georgia is a state with some pretty preventative laws in place for simply anyone to get involved.

Finally, I would like some advice on preventing this in the future( obviously better tenants would help) but up to this point they were fine.any advice would be helpful guys!

I'm pretty sure it is attached because they have tried to sell before, but this lien prevented that.

So if one were to use the 40% rule (minus 10% mgmt fee), we arrive at the following:3665 in rents * 12 months = 43980 (Gross Profit)43980 * .40 (40% rule = 17592 (Expenses)1090 * 12 = 13080 (Debt Service)(Debt Service) + (Expenses): 13080 + 17592 = 30672 (Operating Costs)$43,980 - $30,672 = $13,308 or $1109 per month (Net Profit) 13308 (Net Profit) / 51700 (Actual cash due at closing) = ~ 24% Cash on Cash ReturnNow, lets say I spend an additional $15,000 in preventative maintenance and improvements over the first year.

As a borrower, it's important to know this so ask as this information can go a longs ways in preventing headaches down the road.For instance, just because a bank my close SBA loans doesn't mean they'll fund every single deal that is an SBA candidate, has PLP status with the SBA, or doesn't impose their own overlays that superscede what what the SBA will allow.

The deaths of those four brave Americans was preventable - they were serving our country, and we should ALL demand accountability to honor them.These are not my "opinions" Bill, they are the facts.