But it's a bit exhausting and irritating to deal with on a regular basis. 

Knowing your timeframe for acquiring the property will help you stay on track with the rest of the process.While this is not an exhaustive checklist, if you have these six areas planned out in advance, you will be in a great position to get through your first investment property purchase without any major surprises.

Knowing your timeframe for acquiring the property will help you stay on track with the rest of the process.While this is not an exhaustive checklist, if you have these six areas planned out in advance, you will be in a great position to get through your first investment property purchase without any major surprises.

@Jay Helms I stand up during the members part of our monthly in-person REIA meetings, and announce that I'm happy to talk to, or have coffee with, anyone who wants to talk about real estate.And then, because of that and the fact that some folks recognize me from posting on BP, I usually have a ton of people come up to me during the break and after the main meeting.To be honest, it's exhausting, and sometimes I head to the bathroom just to hide for a few minutes before I can deal with The Crowd.

Another option would be to see if someone would loan you $6600 and take a lien against the equity in the property (although it doesn't sound like there is much) and then resume payments on the home....But at the end of the day, if you have exhausted all efforts to keep the home you may want to consider just listing it and walking away with $15k (before it is all gone in fees and missed payments) and starting over somewhere more affordable.

Faced with this chore, it is easy to feel exhausted with the mere thought of it’s entirety.

Frequently the REI/consumer applies to 3 or 5 different HELOC lenders before a credit line is actually opened -- the better rate HELOC has higher standards, so REI/consumers go through this time-exhaustive exercise of getting denied a bunch because the 4 best rate HELOC lenders denied them, it's not until the 5th that it's approved and open.

@Yuvaraj Vimawala I can get a new AC system with new duct work installed here from one of my guys for under $4,500.I have a great handyman that would install the window unit quickly.They make portable units that the tenant could plug in and stick the exhaust hose out the window easily.

Once damages are calculated, that ultimately becomes a number that's negotiated down.I've had contractors fired due to drug abuse (meth), contractors that ghosted after getting paid, contractors triple moonlighting and working themselves into hospitalized exhaustion, and more.Lawsuits have negative ROI, no matter how wronged you are.

"Also, I know there are 57 states because Barack Hussein Obama told us so" -- Man, isn't it great to be so perfect that you never have a slip of the tongue, especially when you are exhausted?