> Second, you're failing to recognize the power of leverage.true.  

You have both proven that you're likely to have some success - even if it is try, fail, and adjust. 5 years from now it likely won't matter which option you chose.I'd hate to walk away from the business and get nothing. 

@Sharma Parth City of Flint is losing population, so not a great place to invest:(Detroit on the other hand, has been growing for the last 5-6 years and finally the US Census Bureau recognized that (please Google to verify!).

I explain I will proceed with the eviction, the eviction will show with any decent credit/background check and will negatively impact their credit score, that I will attempt to garnish future wages, and that it will be very difficult for them to ever rent a nice place in a low vacancy area like San Diego.As part of my tenant criteria: no evictions ever (no excuses accepted), decent credit (I want tenant to have credit such as they do not want it to take a significant hit, strong LL references and in the add I specifically specify paying rent alone does not suffice for a strong LL recommendation.I recognize with my number of units and how many years I have been a landlord, I have been fortunate to never having to evict a tenant and at some point my good fortune in this matter will end.  

When you buy from larger firms just recognize you are paying their overhead costs as well.

https://www.har.com/tanja-vargo/agent_tvargoHi everyone!I recently purchased an investment property and as I was adding the property to my BiggerPockets account there was a follow-up question that asked, "Did you work...

(iii) B must recognize the $4,000 of gain allocable to the non-residential portion of the property (all of which is unrecaptured section 1250 gain within the meaning of section 1(h)).

The earlier you recognize this, the better off you will be in the long run

Don't assume every word from their mouth is true, until proven by your due diligence.

If they default on the HML just recognize it probably has default interest around 20% and the fees add up quick.