My security agreement has the following line in it I rely on in this very situation'If the premises are left unoccupied for FIVE (5) days or more while payment or lot rent is due and unpaid, property will be considered abandoned and at the option of the Agreement Holder and or its assigns, is hereby authorized to take immediate possession of abandoned property as partial damages, disposing of mobile home and owners personal property as he may wish, without recourse.'

I'd just remind people once again not to flush tampons (or disposable wipes) down the toilet.

a lot more disposable income.

#1 method is however its important that the lender on the file knows the difference of which method to use in the specific scenario so that there are no issues when qualifying for these income property/house hacking property strategies.method #2 above is used in FHA and conventional and VA, but there are some additional hurdles used in FHA and VA such as the 100% coverage rule in FHA, and for veterans they need to have enough disposable income depending on the family size, but with conventional its pretty straight forward.

You can broaden your effectiveness as an investor by expanding the use of tools you have at your disposal. 

depending on your income, losses can be taken in the current year or carried forward to offset future income or used when you dispose of the property. 

If things go really wrong, you need to be on your game to legally take the property back and find a way to dispose of it.

Tons of support, a community with in-person meetings, online instruction at my disposal, and a direct path to steps I need to take to start doing deals much faster than guessing from a myriad of very good information out there, with no clear path. we can always make more money, but we can’t make more time. 

It's your all-in cost.A monthly disposable income of 5,200 leaves 25% for the rent at 1,300, or about 75k yearly before taxes.Your cash flow with a 30-year mortgage assumes 100% occupancy. 

Property prices will then fall because the remaining residents have less disposable income and landlords will price their properties to keep them rented.