You made the classic mistake of buying a property with no place to manage it.

It is hard to beat Leigh Robinson's classic book: Landlording.

I think it is was from Leigh Robinson or another classic landlord book (could have been Jay P.

@Nick Campanella,The classic answer to that question is learn about finding and partnering with private lenders......for funding.

ahh yes, the classic, "accidentally sent a lease for $0 and had all parties agree and then not realize I wasn't getting paid for 11 months" mistake.

@Rob K wow, classic!

This classic trend curves look like:GDP>> jobs increase >> popn increase >> increase rental demand>> vacancy decrease >>> rents increase >> purchase demand increase>> prices increase decreased GDP >> jobs decrease >> popn decrease >> decrease rental demand >> increase vacancies >> decrease rent >> purchase demand decrease >> new built glut >>> prices decrease

The 60's had some classic mid century modern style houses. 

And again those are situations that you as an individual work out in your own way given your financial condition and how you feel about a certain tenant.. my classic was the tenant who told my PM they just had a new baby ( which I believe they did) record cold winter they could not afford heat and rent could I do something.. so of course I say sure.. don't pay two months and add it to the rent and pay over the course of the coming year.. end of two months they up and left  LOL. and for sure I can see how investors that are highly leveraged with little to no real reserves might react differently than those who might own the real estate free and clear or if they missed a month or two of rent its just no biggee 

It was then I learned all about IRS wage garnishments, thank God for unlimited overtime.By '98 I was retired, free & clear & still kick myself for selling some of those old classics.