Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.

We did that for about 3 years until Jeff informed me he'd fallen behind on property taxes, and all of his lenders called the loans due.

After that is done, head over to IRS.gov and apply for your EIN (Tax ID).

As Dan said though, there are many tax benefits.

My payment with insurance & taxes is $1425 a month.

The 15% tax hit is a one time expense, versus 4.3% is annual interest.

RentRedi’s syndication marketing helped us secure a great tenant in under four days, including employment and landlord verification, as well as criminal, credit, banking, and eviction history checks.

If you're focusing on rural properties, sometimes local community banks or credit unions are open to these types of deals.

@Frank FloresInvesting in delinquent tax sales in Houston can be profitable, but it comes with risks.

The cashflow should cove ALL of the expenses for the primary (mortgage, taxes, insurance, utilities, etc) AND put money in their pocket.