A challenge we’re all facing is balancing profitability with the higher cost of borrowing.What type of loan programs are you offering right now, and how flexible are you with structuring deals that involve short-term flips or long-term buy-and-hold strategies?

Start a paper trail.Otherwise, as long as rent is coming in, just hold on (hopefully) until the lease is up.It is your obligation as the landlord to make necessary repairs in a timely fashion.

Hold the bill until they terminate and vacate, then deduct the cost from their deposit.

Quote from @Celia Moore: Our site is fairly big, holds lots of information.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

This makes houses an excellent hedge against inflation because houses generally hold their value over time, can cash flow, and often provide tax advantages.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

You have no history of received rent payments to show an "implied agreement" that will hold up in court. --- You have only eviction option if tenants don't pay.3) WIth no lease, your only eviction option is 30-Day, Demand for Possession.

Rockford seems to be improving, but what areas are a "no go" for buy and holds?