You can easily include a series of obscure clauses such as "eviction can occur due to...lack of character.....multiple complaints by neighbors....questionable sourcing of income....lying on an application..." list goes on and on.The key point is, put something vague into your leases, and use it.

You can mitigate by splitting sales over two years (which is what I did, end of 2021 and beginning of 2022, both great times to sell btw ;) Then I paid off all my debt on my keeper properties, thus maximizing rental income with fewer and better quality properties remaining in my portfolio.

Non-residential will be a problem for most investors on this website.Furthermore, 179 expense is an issue as you need to have positive income to be able to use it.

All the income should be deposited into your LLCs account(s) and ALL expenses should be paid from those accounts.

BPO and comps show ARV at 480k based on rental income.

Quote from @Alecia Loveless: Always protect your Property, Time, Income, and Sanity (PITS).

@Dee Mandrekar I would not recommend pursuing lost income.

When I was ready to mail I had 52 properties on the list so I got 100 blank postcards from amazon, 100 postcard stamps from the post office, a google voice phone number (free, which I set to display as the google voice number for all incoming calls and stored that number as "Property Leads"), and a virtual mailbox for a nearby return address.

Essentially, you could potentially be living for free if not have a little passive income coming in.

Once our payments on the underlying note is approximately $4,000 this provides us a cash income of $12,700 monthly.