Time remains of essence, we file eviction within 7 days of no payment.

here are just a few:-interest rates and prices both remain high. this has really hurt cash flow across the board.

Leaving out auction and foreclosure costs for a second, when you write that check for $220k the trustee is going to pay BigBadBank the $175k they are owed first, then he's going to pay LittleBadBank the remaining $45k, and you will get a clean title as the process is going to wipe the slate clean.

New inventory and relisting rates have actually declined month over month which is allowing to pricing to remain elevated.

The terms remain the same, we still pay the monthly mortgage payment.

started the interest rate at 8.5% and wrote in the contract that their interest rate will change anytime my bank loan's changes (every 5 years) and will always remain 2.5 interest points above...for what it's worth...i have another under contract that hopefully will close soon..i'd be interested in hearing about this wally wrap as well bryan...what was that?

In judicial states in which the foreclosure process often takes a year or more, this not only generates income, this also typically mitigates property deterioration, vandalism, and other costly issues which diminish the value of abandoned properties which remain vacant for extended periods.

It’s generally better to pay taxes, especially if it’s preferential LTCG treatment and make a sound investment with cash that remains than defer and make poor investment decisions. 

Whether it remains an ESA or not, the Landlord has to treat it like they would any service animal.

In other words, STRs can remain and can be sold to other investors in the future3.