Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?

The information contained in this post is not to be relied upon.

While I unfortunately do not have much helpful information to pass along to you at the moment, I am interested in following along with this thread and learning something. 

The shock that the chickens come home to roost on this in form of higher tax's is childish.

In order to help you most people on this platform are going to need a lot more information.  

First, it fast-tracks your learning as an investor - you are forced to develop better time management skills, build your network of reliable contractors/ handymen, etc..Second, when you are ready to transition to a property manager, you are well equipped to evaluate and hire the right company.3.

I had a better feeling about this contractor so I hired them.

Who is hiring them? 

Thanks for the information.

Sounds like either some of the information provided may have been exaggerated or changed, or possibly you could have been dealing with an identity theft situation as well.