I am going to look into this, but thankfully I do not have such a case on my hands, else I would definitely not be a happy camper.Long story short, start planning an exit strategy with said tenant as this does not look/sound good.

So the relatively low cash-flow goes hand in hand with low risk.For me there are two scenarios: 1) Sell one/two properties and invest in more cash-flowing properties ; 2) refinance the loans, make use of the low-risk since the construction lord is still liable for any structural damages and leverage the funds for a new property.

Once inside the 2 girls start giving this sob story about being scammed by an agent who rented the house here and show a receipt ( hand written note) trying to prove their bogus story.

The fruit falls off the tree, into the farmer’s hand.6.The 4 levels of competence, and how they apply to investment salesAs with anything, the first step is admitting you have a problem – that you don’t know what you’re doing.

Hand holding?  

Have him hand over keys and release you and you cut him loose.

On the other hand if you buy 4-4plex buildings (perhaps all located right next to each other) you can use residential financing, a little bit lower interest rate, 30 year amortization, and no balloon.

I would like to see a show of hands from all those investors excited about earning a 4% return.

Hi all, I have a handful of STR-specific questions I was hoping I could get some focused replies for.

Not realizing that family and business don't mix, I also rented the Darby unit to my other sister. this one on the other hand treats it like her own, but with low rent being collected, there's just about $100 or less in cash-flow with the high taxes or multiple taxes from city and county in that area.