I don't know for sure, but considering the price, age and required maintenance of properties in that area, im willing to bet you're going to have a negative return for this year and each of the next 5 years until rents cover your expenses.What is your investment goal?

I would bet every landlord here feels the same.In the same logic, a lender would never consider any previous interest received as payoff of principle.

Persistence is the name of the game, your best bet is to @ least send it once a month and create a system to notate when you contacted an owner. 

This is just over the 3 year mark and I believe I'll have to pay full capital gains (appreciated over $80k from date of purchase).I'm assuming my best bet is to give him the boot and make sure I sell the property before 3.1.17.  

(Bloomberg) -- Real estate investors could be in for a shock if interest rates rise or demand in some markets continues to fall because “amateurs” are plowing money in at high prices, betting on rent increases that may not continue, said Tom Barrack, the billionaire chairman of Colony Capital Inc.

It's a strong market, people are moving here, there are a lot of jobs, very low unemployment so it seems safer to invest below the 1% rule in a market like we have here.

Finding a good renter who likes condo living seems like a relatively safe bet...if the positive cash flow is not eaten away by capital expenditures, lack of reserves, and routine maintenance on big ticket items.  

However, many of the buy and hold deals I'm seeing investors do this year look like pure speculation to me, where there the deal is nothing more than a bet on the continued upward trajectory of the Austin market.

Your safer bet is try one if it makes sense.

If you have other needs, share them here or on the RING meetup site and if I can't help you, I bet somebody else in the group can.Not long ago, Baton Rouge was struggling with some issues of division that called into question our love for our neighbors and our fellow man.