And a bad tenant, primarily one that destroys a house, will also cost you a LOT of money (and put you back into renovation mode again).  

Each state can be a little different so the details matter. https://www.omglawfirm.com/arkansas-probate-intestate-succes...Here is the pertinent excerpt:If you don’t have a Will, the default order of descent goes like this: (1) full blood and adopted children of the decedent, subject to any dower, curtesy, and homestead interest of a spouse; (2) if no full blood or adopted children, then everything to a spouse of greater than three years or half of everything plus dower, curtesy, and homestead to a spouse of less than three years and the other half of everything to other heirs (per this table); (3) to the decedent’s parents or surviving siblings; (4) to the decedent’s grandparents or surviving aunts, uncles, cousins, etc.; (5) to the decedent’s great-grandparents or surviving great aunts, great uncles, etc.; (6) if none of those intermediate descendents are alive the remaining half can go to the spouse of less than three years or to a predeceased spouse’s heirs; (7) finally, if none of these apply, all the property escheats to the county where the decedent died.

So you need to lock in Low rent at or under $12/sq foot if you want to survive in the coin laundry world.

Auction buying (real auctions, not sales disguised to look like it’s in auction mode) can be successful for investors who invest in multiple auctioned properties over time so that each property represents a small percentage of the overall portfolio of properties purchased at different auctions.  

He had no children or wife and is only survived by my mother who is aunt and a half brother.

It's just personal. 99% of folks here cannot survive $5k/monthly deficits, .5% here would not know if it was a rounding error, .5% would make them look twice but not make them do anything besides try to manage it a bit differently.

The total the students gain from the guru switching to the guru model is $20,000,000 collectively and the guru nets $1,800,000 for the year and gains a lot of time back.  

@Imdad RahmanYou are in hunter mode right now as you start out.

Well, that is easier said than done, and most small businesses don't create enough cashflow to survive more than 5 yrs.  

It’s past due so we are surviving off our multiple 90 day extensions right now.