I live in the Washington DC area..the HOA/condo fees are pretty reasonable and the insurance doesn’t have the embedded risk as Florida (I don’t believe)

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Larger lenders might bundle their loans and sell them en masse to a Wall Street hedge fund, bank, or insurance company.Those who like to label themselves as “note investors,” as you did, typically buy defaulted or non-performing notes.

On top of that you have lower taxes, insurance and a lack of HOA's.

Look for properties with positive cash flow: Focus on finding properties where the rental income covers the mortgage payment, taxes, insurance, and other expenses, leaving you with positive cash flow each month.3.

Quote from @Christopher Stevens: Quote from @Lu Kang: Hi Christopher,Now that you are approaching one year with your Dallas property, have you gotten updates on new insurance / property tax rates.I had a similar experience with my place down in Ark.

For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.

I will contact you directly as I do not want to violate any policies here on the system.   

In an industry where trust and reputation are paramount, RAD’s predatory and misleading policies are shocking.Additionally, I will be explaining to the FTC that RAD’s practices meet the definition of “Deceptive Practices” as per the Commission’s Policy Statement on Deception, which prohibits material representations or omissions likely to mislead consumers.On multiple occasions, I was told there would be no issues in accessing my funds.

They are definitely responsible for starting the fire, whether utilities were on or not.If tenant has insurance, they should file a claim.