I walked to the house and met a man who says he was cleaning out due to the loss of their mother in some few weeks back.The guy told me she is  left with 12 years mortgage on the property to pay the bank.

I use QBO to keep track of my properties and do this for my bookkeeping clients also.

You’d probably end up with a bigger after tax gain if you sold the 2nd property for any amount of money and did that.

My father did this in Portland on two properties, for elderly people I think. 

Virtually everyone lives somewhere especially true for those that pay taxes (in CA property and income tax).  

Quote from @Garry Lawrence: I need advice on a serious situation involving a property I’m about to buy.

I have recently just purchased my 4th investment property all in my name and have accumulated a DTI of 45.9%.

Buy and hold rental property.

I imagine people who've had 2nd or 3rd houses in hollywood hills are not interested in rebuilding or doing the work.  How do I go about finding those who'd rather just collect the insurance money then sell it off at a...

One year we appealed the assessmnet on 65 of our properties.