Best case under such circumstance is they find alternative financing and simply over paid for the property.good luck

If everyone would simply eradicate that from there vocabulary and replace it with "Realized PERFORMANCE".

You could overwhelm your tax assessor with love by simply filing an appeal every year.

You'll make a much healthier return on your investment that way.If you simply want to buy a home and rent it out longterm, Elk Grove and Roseville are both considered more high-end suburbs and have appreciated significantly over the last decade.

Sad times we live in just as we enter bear market today & prepare for crash of our lifetime!

And of course simply have it demo-ed.

If the only MFH options you're finding are in areas you're not comfortable with, it might be worth focusing on a duplex in a better neighborhood.Saving up for a larger property later is a valid approach too, but keep in mind that real estate tends to appreciate over time, and waiting might make it harder to enter the market later.

In the current market, it's pretty much impossible to have any positive cash flow in the 2-4 unit space with long term rentals, unless you're putting ~40-50% down, not only focused on the cash flow per se, but rather simply not being in the negative.

Who noted that we simply have a porous basement wall, like every other basement wall from that time period.

If I had been tracking the assets via accounting, I would simply make a journal entry showing the LLC's assets and liabilities going to zero and transferring them to the Holding LLC or the LLC Members.