I bought my properties towards the end of the Great Recession which Jackson was slow to recover from.

. $400 is tough to recover in one change without triggering a move.I have learned the hard way that I really should not skip rent increases every year, even if they are small.

NOTE: If the bank won’t settle than the property can be rented usually long enough to recover the HOA cost and a profit to boot.

Sleep, I use to be a firefighter for 15 years, so no recovering from the lack of sleep there I am about 6.5-7 hours a night7.

You can recover the cost of the inspection over time through depreciation deductions.Sewer Inspection Costs: Similar to home inspection costs, expenses related to sewer inspections for a rental property are usually considered part of the property's acquisition cost.

Can I pursue legal action to recover rent for the full lease term (12 months) since the tenant signed the lease? 

The more cash you put in, the more cash you have to recover, and the longer it will take to do this.

You get up into the higher priced flips of regular sales and things take much longer.This is why I do not like all the stories about the markets recovering.

They do try to go after the Tenant to recover what they've spent, but they don't have direct access to tenant funds.Obligo is a "billing authorization" which means the Tenant gives them access to a bank account and a credit card.

Based on the property history, and the area, if that has a strong potential of happening, then I'm interested.The property must also CF high enough to recover my cost (DP) within that same time period.