Outstanding,You all answered my question without me even having to ask it..........

By the way 15% would be an outstanding Cap Rate for a commercial property - IF it is calculated correctly.My partners and I am actively lookng for commercial properties .

@Andrew Boettcher good thing I don’t much debt my husband has none no car payment no outstanding credit cards and he makes 60 k a year so I don’t think that’ will be a problem 

It appears the bank simply winterized the house, but later the water company shut off from the outside due to an outstanding balance of 154.

In San Diego, historically your home has produced outstanding return especially if leveraged.  

The buyer is not comfortable with a 10% of the outstanding balance penalty if they pay it off early, but as I look at it closer, even that is not enough for ME to be comfortable selling it owner finance. 

Today converting to STR is so mundane that the STR potential is built into the selling price and therefore typically it cannot be a value add (I do leave room for places such as a casino is opening in 6 months and the sellers have not yet factored the resulting STR potential into the price as an exception).BTW 2021 and its over 20% RE appreciation has helped these numbers, but they were already outstanding. 

I don't care about outstanding medical bills, old foreclosures, and even older car repos.

There are outstanding back taxes from 2007 - 2008. 

Their fees are in the $400 to $600 range for creating an LLC depending on what you want and with outstanding service.