So, money wise you are around even, BUT you keep your money available to you if the need arises and also you don't put your money at risk of the market etc.

Is a solar pool heating system a wise investment?

This included adding a video game system (retro PacMan), adding central A/C, rehabbing backyard space to include life-sized outdoor games, grill, firepit & seating.Before hiring the PM, I did a thorough competitive analysis to determine where I could feasibly land revenue-wise if the property was fully maximized to its potential within the existing constraints (location) and with the PM fees. 

Where nothing really changes weather-wise!

"The 123 Main St Trust"4.Set up a C-Corp in the state where your property is to avoid being taxed as a dealer and maintain coverage under that state's laws.Depending whether your property is a flip or a rental would determine how you structure your entities.This structure would benefit you both tax and liability wise.

@Ashley Campbell You are wise to engage an accountant who understands real estate and who has a significant percentage of RE investor clients.That said, it shouldn't cost anywhere near $5K for you to get answers to basic questions!

You would be wise to spend time learning them so you understand what your responsibilities are and how to protect yourself. https://justicecourts.maricopa.gov/media/vd1pcl32/info-llt-e...Start the eviction process immediately for failure to pay September rent.

@James Wise definitely true.. tough situation for sure

Quote from @James Wise: Quote from @James McGovern: Has anyone figured out a cheaper alternative to Cash for Keys.

So one of my questions is would it be wise for me to try to contact the current home owner to see if they would be interested in selling the home before it went to foreclosure or at least see if they would be willing to give me any additional details about the home such as what banks holds the mortgage or if they are multiple liens on the home.