Buy quality properties in strong submarkets, finance with low leverage, bulk up on cash reserves, diversify geographically, and you'll be positioned to survive whatever the economy throws at you.

After that I transitioned into an acquisitions position where I would underwrite and negotiate investment deals for my company where we were actually the end buyers. 

Code r. 3129.1so if the 1st position (mortgagae ) been served means all other lein holders will be wipeout even if not served Notice.

Offer a great first-stay experience with thoughtful touches like welcome gifts and clear communication to earn those initial positive reviews.For Big Bear’s rules, stay on top of local ordinances—maybe even connect with other hosts for advice.

From a pricing perspective it rents are now 1/2 of what they were that could have a big impact on the value of the property.

It puts me in a position of barely being able to cover expenses.

Always evaluate the numbers before proceeding to ensure the property will produce positive cash flow long-term.

The same as any refinance, the 1st position debt (subto loan) will be paid off at closing. 

For example, when I was in the same position, I knew I wanted to buy a duplex, and my budget was around $250k.

This is an ongoing situation and I’m hopeful that with RTR’s help, this story has a positive ending.TLDR:Property not performing as advertised.