Finally I came to my senses and served them a 'Notice to pay rent or vacate by the 10th of January' after which I plan to file an eviction.

Which leads me to my final point, but not numbered.If I was you, I'd sell this property and 1031 into a non-HOA property that is attractive to own and fits #3 profile-- 1.25 DSCR + healthy reserves.

Quote from @Spencer Elliott: Long story short, land is on loan and I’m purchasing a manufactured lot as a temporary home/future ADU to my final build.

We do not factor in capital gains tax in our final net profit projection Hope that helps!  

Final Thoughts: If the deal is really solid, raising the money will be the easy part—capital always flows to good opportunities.

We do recommend making sure all your data is accurate before finalizing your report.  

The tenant refused to communicate about his plans to vacate and finally left the key under the mat on June 2 but made no communication, so we had to make 4 trips looking for the key.

We just purchased a duplex and filled it immediately at max rent in our area. We are ready to continue investing and are interested in traditional financing but want to learn more about Subject To and private equity a...

All in all, like i said, out of the bulk of the deals that come accross your desk, you'll probably like a small percentage, and will further shorten the list as you finalize which deal it'll be.

And as far as legal—an attorney becomes essential once you're ready to finalize terms with either an HML or private lender to make sure everything’s secure.Hope this helps!