@Winter Heintz, it's too bad you are choosing to deal with this situation yourself instead of your professional property manager handling it for you and promptly replacing the tenant for you so you collect as much rent as possible.

The security is certainly for the seller, not the buyer.There is another recent thread about Sub-2s that prompted this thread, I suppose most investors only see Sub-2s in this investing light, there are other acquisitions that can require taking title subject to other issues, not just an underlying mortgage.

The latest addition to the portfolio prompted a conversation that I couldn't include the new rental in the umbrella policy because the number of rentals is capped and I couldn't increase it anymore.

The Lehigh Valley is located in a very strategic location that is prompting a lot of real estate / economic development.

If they make this change without a very obvious prompt for hosts to update their prices, it'll act like an across-the-board 15% price cut for hosts who aren't paying attention.

Manage the property effectively: Take care of maintenance issues promptly and communicate effectively with your tenants to ensure a smooth rental experience.5.

Often the HOA Master Policy covers some or all; you/your insurance pays the HOA deductible; the lower unit pays for any upgrades they installed.Water damage that presumably occurred over some period of time could very well initiate mold growth if it was not promptly and properly dried out.

This means that you're personally liable for anything that happens.Again, this will probably prompt some pretty hostile/contentious responses because asset protection isn't viewed as important from a preemptive perspective, but if  you're sued down the road, you'll seriously wish you had created the LLC AND signed all documents in accordance with the LLC and NOT personally.Just my humble, yet thoroughly researched opinion.

Addressing these issues promptly can prevent fines and show your commitment to maintaining the community's standards.Participating in HOA meetings and events is a great way to stay informed about the community's expectations and contribute to decision-making processes.

The tenant paid the first and second months promptly, the third was late and the forth which was supposed to be paid on 06/10/2019 was paid partially until now (missing $70).