And what is the probability of collection, you cannot get blood from a stone, and in Texas in many cases collection is not happening due to various laws.So checking out your probability of collection with an eviction attorney might be a good move too.And to keep it in perspective, an Phone 14 Pro can go for around $1500 plus tax, so your out about 3 iPhones (or about 15% of the price of a new F150 truck).If you let 5 or 6 more of these go unpaid, you've just paid for a new F150, and will never get to have it.But then again, you have to run your business in a way you "Feel" is Moral and Just.Good Luck!

I’m in the Phoenix area and it’s a bit rich for my blood so I’ve been looking in the southeastern states but knowing exactly what to look for and how to find it out about different market is a bit overwhelming.

Everyone in my family owns/runs some sort of business so I guess it's just in my blood.

You know, just reading these last posts makes my blood boil.

Also, if you're close family members and everyone wants to stay that way, then upfront you should probably agree together that noone is going to be 100% happy with the split and shake hands on staying close--- blood's thicker than water and all that :wink:

Once real estate is in your blood, you can't get it out.Definitely take a break from working with clients, focus on building some more rentals and maybe have fun with some flips.  

I'm a software developer in Denver currently and looking to start sourcing deals here, I can't get RE out of my blood!

Too much potential for bad blood down the road.That notwithstanding, any money you spend getting the deal ready to sell goes into your "basis".

Good to have more local blood on here. 

I do not have any far fetched dreams that I will become a billionaire overnight, so I do expect lots of blood, sweat, tears along with some trial and error learning as well before I can even relax for a minute.Is there any local area events where I can meet some fellow investors?