Sometimes this happens as zoning changes over time but the residential use remains legal.

You may consider terminating the lease depending on how much time remains, your skills, the legal system, and other factors.Based on what you've said, I am concerned there's someone else occupying the home or something else is going on.

Business credit doesn’t affect your personal credit score dramatically, and you’ll have significantly more capital to work with.3.Use Portfolio Lenders: Portfolio lenders often require just a 20% down payment and will provide the remaining 80% for your property investment.

I don't believe that will change as long as the school system and public safety levels remain some of the worst in the state.

Conversely, when property prices are low, rental demand decreases, causing rental rates to remain relatively flat or fall.How can you identify cities that are likely to have significant and sustained appreciation and rent growth?

But if borrowing costs remain high and interest rates don't fall as many people expect, cap rates will have to decompress further. 

So the goal is to sell the property but remain as a tenant. 

Choose a HELOC if the property is appreciating and cash flow remains strong, or a 1031 if you want to diversify or upgrade assets.This post does not create a CPA-Client relationship.

You buy the right to collect the remaining amount left on the defaulted mortgage.Once you have the mortgage note you have a few options to move forward.

The remaining rent ($1,634) is recognized as rental income.