Still, not changing over the utilities in the winter is stupid but the PM should have checked the unit to make sure everything was set properly - heat down but not off, lights off, etc. 

How do you balance the risks of holding during a market dip versus the rewards of appreciation?

If AHP does not return his capital then he's made an interest-free loan to them and not even collected his principal balance back.

Additionally, ensure that all necessary notices for filing an eviction have been posted and properly documented in your records.

You may have heard that staging your home properly can make a big difference when you sell your house, but what exactly is home staging, and is it really worth your time and effort?

What I'm thinking is that you may be able to pay the remaining $44k HELOC balance based on your cashflow.

So if I understand correctly, RWN brought shady deals to their investors, watched them invest without proper due diligence and investors got screwed?

I underestimated utilities in my early years, so I ensure those are properly captured (electricity, gas, water and trash).

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

are areas worth looking into if you want a balance of family living and business opportunity.Texas PerspectiveTexas is a great market for long-term rentals, especially in cities like Austin, Dallas, or Houston, where population and job growth are booming.