So if they tell you to file you have to file.Settling out of court though I don't believe is in his best interest unless the tenant is out, the money due is paid and the place has been checked for damages and the remaining deposit is slotted and ready in a check.

Your electric panel might have some slots where "tandem breakers" can be used, which would allow for adding circuits. http://www.ashireporter.org/homeinspection/article...

I am looking at SFH as well as MFH mainly in the Fort Totten, PG County, Takoma and SE areas and am in the process of getting together a team.

I always hate that going back and fourth with someone trying to find those free time slots that match up or double booking.

I hear NOVA is a little crazy but would NE/SE DC or Silver Spring / PG County be an ideal location?

of course if it makes you feel better I guess thats OK.. but it is hard to scale up.. lenders will balk at complicated vestings and will look for PG's anyway .... proper insurance is by far your best bet for asset protection. the next is dont be a slum lord.. so i look at 42 years of owning rentals and other more risky type projects IE construction   development etc..

You may want to explore looking a little further north to PG county.  

I finished my PG in 'Strategic Management' from Toronto in 2012 and worked as a financial analyst for few months.

Slot in it already.  

Here are the $s:-purchased at $56k-rehab cost of $14k-prepaid interest with my hard money loan (no payments now)-$900/mo projected rental income with tenant paying utilities-appraised at $99,900-I have an offer on the table for $89,900 plus $3,000 seller paid closing costs.I learned s lot on this deal and it wasn't a great one, so neither option (keep or sell) is an awesome one, but I'm new to this and trying to start small and learn.