Price fair, don't get greedy, play the long game.

We have just bought a bunch of HD's brand Defiant.  

These are you law abiding, working, fair % families probably plenty with US born kids. 

@Nathan Gesner Yes, I'm fairly confident if we were to hold long term, we'll do just fine. 

Secondly, the homeowner would need to cooperate as she would need to submit a bunch of paperwork including income statements, tax returns, etc. for the Short Sale application to show that she is insolvent.  

I'm fairly sure you can structure to sell a partial after a month or two of payments that would pay off the underlying $215K note. 

If you gift a house, the fair market value (FMV) at the time of the gift applies to the lifetime gift limit—not the amount you purchased it for.

A fair rate for solid management typically falls between 20-25%.Superhost or High Review Ratings Matter – Ask if the properties they manage consistently earn Superhost status or maintain high guest ratings.Communication & Accountability – A good property manager should be responsive and proactive.

If you PM me I can get you in touch with a processing company with fair rates.

Sec. 8 works well in some markets and it can be a premium and successful for locals who own a bunch of them and run them with an iron fist..