Gutter pieces, fittings, hoses, knobs, valves, vent covers, trim pieces, paint brushes, screws,...on and on We spent 3k just on dumpsters and cleanup.  

I dont need to have a lot of money to start nor do i even have to pick up a paint brush during the rehab.3.

I am setting aside reserves so that when it happens, I am not in a pinch.Even though most landlords use cash accounting vs accrual, it would be a good exercise for every one to brush up on their accounting.  

I said I don't know about that, I'm the fuller brush man, paused then said just kidding then said that is true but the next contact you will get is a notice of trustee sale and they will sell the house at a foreclosure sale and that day someone else, not you will own the house.How about you give me a couple of minutes and I will explain what is going on.

He didn't even brush the subject under the rug when we initially asked, he speculated about what was going on with the place.He seems like a decent guy, but it just didn't quite feel right.

I'll have to brush up on Dodd/Frank however.The plan is not to gut the kitchen/bath.

Those are just things you have to brush aside.Once you properly handle this situation, and get the stress of potentially losing a good tenant out of the way (and get someone who's not frequently causing trouble in); you will feel 100x better!

A broad brush can't be swiped over a block by block gentrifying neighborhood.  

Too bad they can't harvest tumble weeds or sage brush.

I know I'm painting with a broad brush but I bet 8/10 times I'm not wrong.