We recently found out our lease is void/unenforceable due to some wording in there related to who is responsible to pay for attorney fees. 

The property management company just informed me they had to pull the property off the market because they found a squatter had broken into the home and was living there. 

So far I have inherited 3 tenants who were there when I bought that were not on the program who paid maybe one months rent and then nothing for the three - four months it took for me to kick them out plus legal fees (Ny if its in an LLC you have to be represented by a lawyer).

Focus on properties that will have a strong rental market and a clear path to increase in value.Overleveraging:Some investors refinance and pull out too much equity, leaving them with little to no cash flow.

For instance I see "net income" and I don't know if that what the tenant paid or that's what I'm receiving after the property management fee.

Not sure of California, in Virginia, it might take 3 months of back and forth court visits before everyone is out.Maybe better to get everyone on the lease and assign clear, monetary fees in writing for violations.

Who pays servicing fees?

Ong keep reading many different books, articles, news, research on real estate investing and then you’ll start to pull your preferred themes that run through all.

If HOA fees, HOI Fees, and taxes haven't crumpled some it will.

I’m looking to become an investor in the KC area and I was curious if I should pull the trigger on a multi family or single family home with the VA loan?