It's great to be prepared and have your duck in a row but we don't even start discussing eviction until they are at least a month late or behind by 1.5 months of rent. 25% of the time tenants are going to be late and about 10% are going to be late consistently.

I personally like the buy-and-hold strategy and we help clients who share this long-term, wealth building mindset. 

Appreciation can be found in many submarkets throughout both Charlotte and RDU, but it really depends on what you're looking for. 

In this case the desperate borrower accepted a rather modest settlement.  

This doesn’t necessarily sound realistic in a real world scenario. 

It might be payment notices are going to a different address and it is simply overlooked. 

I think I answer this question once a month. google Huntsville Alabama and overbuilt and you'll get your answers 

You think it sucks to be a landlord in CA?

Your best security is your neighbors , they are right there and see whats going on at your property .   

Cosmo - I personally don't know Phoenix well, but if I had to do this in another city I would look at income levels, crime levels, and population growth (if you can) by zip code and/or area within a DMA as a starting point.