Some areas of the west coast are allowing multiple units to be built out on a single parcel and in these higher COL areas, it's a boon for the homeowners, renters, builders and even for the local governments that are collecting the building fees.

The HOA has acknowledged the roof issue but claims repairs are delayed as they’re still collecting bids.

First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

You'll spend more chasing them than you'll collect.

I am desperate to get this tenant out of the property and collect all past due rent.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

These special taxes, as they are called, are collected the same way as general taxes (December & May) but are listed out separately.

The husband had a good paying job that had a slow season where he would collect unemployment a few months per year.

If they fail to pay, then you can choose to try eviction or just hold the charges until the end of their lease and collect it from their deposit.