If you've sent notices, allowed the required time, no response, no activity, no water, no rent, garbage left, no sign of anyone.?.

Scott is nowhere close to "bad" in the context of what a lot of newer members post to the community.I can't think of a better use for the forums than in allowing members like Scott to test ideas like that MTR and get feedback from the community.

For experienced investors, do you see a scenario where an investor would assume the properties at a reduced rate which would allow us to cash out and them the opportunity to earn some easy money while holding the properties.For example: Say if we wait, we will sell the properties for $1M.

Anyone know of any DSCR lenders that are wrap-friendly? I know that almost every lender has a due on sale clause but are there any who look the other way as long as payments are made? I'm interested in creating more n...

People forget that you are allowed to enjoy your houses and also make money on them.

They are the ones that rezoned every side street to RS-3 which does not allow anything more than 1-2 units.

If pets are allowed by the HOA I would strongly recommend you consider allowing pets as more than 50% of travelers travel with their pets and that will make your priority more desirable.

@Danielle DeCormisKey would be to find a DSCR lender that would allow for a second and then with that loan do you still meet dscr ratioA better bet would be to bring in an equity partner

Multi-family units (duplexes, triplexes) allow you to maximize rental income while maintaining some personal space.

To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.