Hey Gerard,I have started working at a Private/Hard Lender and you seem to have a suitable circumstance to chat.

It took a lot of Botox injections first.]If you’d like something to worry about for your circumstances - because all you have provided to us is: “The tenant broke the lease and moved out…” - consider this AZ law: https://www.azleg.gov/ars/33/01370.htmAn advice that probably does not need to be stated here, but still: Depending on the facts of your circumstances, I wouldn’t comment on whether you complied with this law, which I also assume is currently in force - this is a public forum, and you shouldn’t volunteer potentially-damaging information to the other side.And, again: None of the above is legal advice, as I am not a lawyer.

It's a facts and circumstances based analysis and documentation is key.The general theme of this thread dealt with the former, not the latter. 

A multifamily deal is a resilient, recession-proof gold mine because rents tend to increase regardless of economic circumstances, there will always be more people than places to live, PERIOD.

Reinvestment/Expansion (10-20% of Income)Rule of Thumb: Allocate 10-20% of your income towards reinvestment in your business or properties.Why: This fund can be used for purchasing new properties, business expansion, or other growth opportunities, ensuring continued business development.Summary Breakdown:Mortgage Payments: 25-30%Operating Expenses: 30-35%Emergency Fund: 5-10%Capital Expenditures: 10-15%Paying Yourself: 10-15%Reinvestment/Expansion: 10-20%Adjust these percentages based on your specific circumstances, risk tolerance, and business goals.

Taking on deals like this that decrease wealth, such as low return high upfront cost whole life insurance, paying 19% interest on credit card debt, paying 2% annually to have a “wealth advisor” place your money in Vanguard Index Funds, paying for a high cost mortgage because you’re credit is bad, and “debt consolidation” programs are all reasons adding up to why many people can’t achieve financial independence and remain dependent on working every day to live paycheck to paycheck.There is a chance that in a particular circumstance any of these, including the program offer you describe, can be beneficial in certain specific cases.  

it should offend him, and so be it.As @joe said this property with a long history of neglect, water intrusion has done far more than bend some rafters.  

There might be another 3 years after that, depending on circumstances, during which the former owner can redeem directly from you. 

Only have members on your LLC with good credit 680 and above, you can use a will to plan for unexpected circumstances.

I currently live in a house that is undervalued and has been neglected by the landlords.