I think the VAST majority of successful evictions are for failure to pay and those evictions should cookie cutter and simple to handle for the most part.

You both clearly have experience dealing with this firsthand, and I want to see if there's a way to balance enforcement with profitability.

Even with that, I can't promise you won't have major issues and possibly lose the property or your monthly income. 

I am currently contracted to a large major energy company and I work a 2 week rotation in West Texas, so two weeks on and two weeks off.  

As a major buyer in San Antonio, Dallas/ Fort Worth, and Houston, one challenge I often face is the limited inventory or lack of serious deals that come my way.

At times you can profit $40-50K.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

If you proceed with a deed transfer, structuring ownership via an LLC or legal agreement can outline buyout terms, profit-sharing, and future equity splits with your father and sister.

A majority of real estate investment properties are held in an LLC.

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