They are treading water barely staying afloat.

Jeffrey, thank you for starting this tread. 

The good property is constantly feeding the marginal or dog of a property the owner cannot get rid of so instead of doing very well they are treading water.I would rather buy 3 really great properties a year then buy 6 to do volume and then those take away from the other 3 and create a lot of stress and headache.

Well young man tread down this road carefully.

In the usa, you need to evict properly or face harsh fines (at least in illinois)What you are trying to do is a "self help eviction" penalty can be many many month of rent. tread carefully

Please keep that in mind if we ever get the opportunity to actually vote again.Never to be outdone with treading on peoples' rights, NY's wonderful governor signed his 328th executive order (no, that's not hyperbole) extending the "no evictions" order through August 20th, allowing all tenants to use their escrowed security deposits for rent, and banning all forms of late fees. 

Tread carefully with the assumption that you'll be able to just pull out 80% or 75% or even 70% of the value like that <snaps fingers>. 

You have to want it but you also can't just plan to tread water on income.

Two very different conversations, the first in which I wouldn’t value any negative opinions, and the latter I would tread cautiously with patience, love and respect.

The back stair well hasa broken stair tread.59 / 60ApartmentConditions43 The amount of moisture damage and black mold like staining in thebathrooms and cellar of the building are a major concern as they cancause structural as well as health concerns.