Your old carpet did not become more valuable over the seven years you owned the property, even if you are selling for a gain.

I expect my cash on cash return to be over 90%.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

@Mitch ProvostFrom my experience of working with over 400 investors, your property near Texas A&M in College Station/Bryan has strong investment potential due to the consistent demand for student housing driven by steady enrollment growth.

The junk removal is costing over $750 per dumpster, and they said they need 3 or 4 of them, I also have to pay extra $400+ for labor.

I fear the lawyers will become wealthy over this litigation...Overall, it's an interesting "solution" to the problem of foreign investment in real estate and the lack of adequate housing for the population. 

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My company manages a little over 400 properties in Ocala and most are OOS investor owned. 

You might choose not to renew leases, make improvements, and then raise rents after taking over.

We have been very blessed to have a large network of private lenders that we have built over time.