I don't believe "waiting it out" is an effective strategy.

Think of it as s long term investment that will save you headaches down the road. 

Making the next million is nice but doesn't motivate me to log long hours.

Purchase price: $145,000 Cash invested: $15,000 I obtained the home 9 years and am holding it for cashflow as a single family long term rental.

I'm still using it for flips and other investments but not trying to be long HELOC loans as 10% is still expensive money.If you want to talk more, I'd be happy to have a conversation.

On Long Island 250k won’t buy you a house.

The Long term, after some reserves, I'd like to bring down the assessment costs since I worry that this will negatively impact the property value. 

My ultimate goal would be to buy fixer-uppers to turn into long-term rentals.

I've seen many landlords that get lucky with good renters for a long period of time, then everything falls apart when they have to deal with real difficulty.I looked up your property on Google Maps, and the street view looks bad.

Does anyone have a recommendation of a national collection agency that is effective?