Quote from @Brandon Croucier: Sounds like they should return the paint and pay their rent.Evict them, if they don't respect you or your property, this is just the beginning. 

FYI, Leadsherpa SMS is shut down and they do not have a timeline for the return.

The combination of rental income over the years and the appreciation on a 40K downpayment (over 500% return on cash) made it a standout investment for him.It's fantastic to see you've tapped into Peoria's growth as well.

I have to make a contract.. but do i make it $1200 have the tennat deal with the rent for time he is on disability and then assuming full section 8 will return at 1200. 

And with a 7.75 % interest rate and after remodeling this property  it will cash flow $1,671 after accounting for maintenance, repairs, property management, capex, earning a 6.90% cash on cash return

I would love a cash on cash return of about 20%.  

Apparently, they think they might have to return the deposits directly to the tenants, which makes no sense to me.

Assuming the LLC is a single member LLC, the LLC will be taxed as a disregarded entity on your personal return.

If you can tell me the purchase price and down payment, I could figure out your cash on cash return.5.

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEYou cash out $100,000 of your equity and use this as a down payment on a $400,000 investment property.