This negative position can consume years of cash flow to recover.

FB Marketplace can be a gold mine, but it is time-consuming.

I know it depends on the policy, but the house is completely destroyed and cannot be sold, ive lost lots of money already and this is affecting my mental health.

While it can be time consuming and pricier due to the fine tooth comb the section 8 inspectors go through the home, at the end of the day you’ve put your property in impeccable state to begin with.

At a very base level, make sure the property is up to health and safety codes for your location. 

Over the past few years, my wife and I have worked hard to improve our financial health—we’ve raised our credit scores above 800, paid off all debt except for our mortgage and student loans, and saved a fair amount.

Typically, higher vacancies lead to lower rents, but today’s reality is different.Inflation plays a role — while the consumer price index has surged over 20% since 2019, office rents have not kept pace in real terms.

The thing I would be worried about is that these two properties will consume your entire life, you will have to overspend on both, you will overdo it on both because of the attachment and will end up with properties that are worth way more to you (emotionally) than to the open market.Your area has starkly rising insurance costs because of fires and the property in Carlsbad being near the water now has strong flood risk so your insurance and holding costs are going to keep going up and up which may hold down the overall value.

., Canada, and Mexico due to economic pressures on lower- and middle-income consumers.

I’ve seen some long term options - as long as 25 years in one case, but it was concurrent with a triple net lease of the same length of time with the property being commercial.If the option is with a homeowner then you deal with consumer protection laws, Dodd Frank act, and CFPB.