What ********.1) spent $250 for 60 days notice of termination to tenant back in July (stating owner will move back in October and take house off the rental market; within the laws and does not violate covid non-payment); also tenant rekeyed house back in April, in direction violation of lease agreement2) October comes and tenant still there, providing statement of covid hardship and states she doesn't have the financial means to move and will be staying put3) spent $1600 to eviction attorney to proceed with the serving in October4) tenant's attorney replied back on 12/1/2020 stating to give them a 60 day extension so they will be out end of January (to which I agree to)4) finally got a case number (trial is set for Monday, December 21) which happened yesterday; but now they are continuing to bull **** (the nerve of them to ask for one month security deposit back and I should forgive them of all debt and not pursue small claims court if they move out by Feb 1)5) I told my attorney ********, no way are they getting anything back from me and I will pursue small claims court for all back-rent owed plus property damage plus all legal fees6) so the trial continues and will re-convene back on 1/21/2020What a load of crap.

This not only secures your cash flow but could also turn a problematic tenant into a reliable one. 

ONly money spent securing the house against waste.

Also, added smart-deadbolt locks to each bedroom for extra security in house-hack situation.What was the outcome?

After a few candid conversations, they realized they could negotiate slightly higher rents by offering small improvments..things like better loading dock access or upgrading the security features..turning a so-so cash flow into something much healthier.When you break down your family friend’s situation, it might help to consider these angles:Selling and redeploying capitla could open up opportunities in markets where cash flow is a bit juicier.

Cameras, security system, motion lights, cage lock on hvac, etc.They were stolen cause it was vacant and had a for sale sign.   

The seller was motivated to close fast, allowing us to secure the deal and set the stage for a profitable resale.

The company I use has patched the issue since then, but security is ongoing, of course.

Finally, be open to slightly remote locations with better cash flow potential over high-appreciation markets.If you’d like help analyzing properties or securing financing, let me know I’d be happy to assist.Best,Drago

That’s an incredible deal—congratulations on securing 100% seller financing!