@Ethen Royal you can't report the eviction to the credit bureaus.Companies doing background screenings pull evictions from public court records.You will need to get a money judgment through the courts, which should automatically be added to their credit record via a similar process.

I have used their affiliates Keycheck for background checks and lease agreements and also Avail for lease agreements.

Rental property you financed through the heloc is technically cash flowing on its own.

It's fantastic to have someone with your background and enthusiasm join us. 

It's fantastic to hear about your diverse background and impressive real estate portfolio.

@Ziad AgarwalTo clarify (sorry if I am being technical)When a hard money loan is in default, for example in Pennsylvania they will send a default notice then file a complaint.

With DSCR loans, you can technically do either.

A little background on the property ...My mom purchased it for $340,000 in the 90's in cash, no mortgage on the property.Now estimated at $1.2M as is.

Any advice or lessons learned from your experiences is greatly appreciated.Thank you.MarcoI use Zillow rental manager and it works great to list properties (cost $10 per week to list a property for rent), screen tenants (free for landlords, applicants pay $30 per person for credit report and background check) and collect rent (free for landlord and tenant unless they use a credit card then the tenant pays a fee), but it doesn’t report to credit agencies.

This is a very technical area and the tax issues will depend on your specific situation.