An empty condo can be a financial drain with HOA fees, utilities, and mortgage payments stacking up.

Sheetrock laying on the kitchen island to make walls all the way to these temp walls.

Hey @Beau Wollens, late to the party, but curious to know what you ended up doing here.

@Landen Amann, you're referring to a 1031 exchange. 

Why are you losing money just to keep this guy?

Mistake #3 was not having knowledgeable people around to be able to ask questions.

Over the years a completely remolded the house and mobile home and made improvements to the lots and increased the rents to $2,350 per month.

All 3 are great books to read, and give to your clients.

I have mixed feelings about it, so we'll see where that goes.Fortunately over the last 6 months we have been able to pay off a decent portion of the debt, so things are starting to look up. 

It's easy to default to the familiar.