They typically communicate that they will be late and do end up paying the full rent plus the late fee by the end of each month.Unfortunately, we've reached a point this month where they submitted a partial payment at the beginning of the month and have now become unresponsive and have not paid the monthly balance.

I will also preface the conversation by stating I am not planning to invest in the example below as I'm still working to build my capital and have a newborn.

In the future, I could see how a savvy person bent on finding me might be helped along by following the crumbs left by an old name. 

This agreement is a perpetual guarantee for 2 years from the date of execution and is to be applied to any and all transactions presented by _______". 

Some Lenders do take issue with "gift funds" or other liquidity provided by partners who are not on the Operating Agreement.

They were UNLUCKY - lucky would have been bailed out by inflation or boom market in real estate prices. 

So, your CPA is correct in saying that the insurance proceeds won't be taxable assuming they were used to repair or replace the damaged portion of the property.Cost Segregation Study (CSS): A CSS is a tax planning tool that allows you to accelerate depreciation deductions by identifying and reclassifying certain components of your property as shorter-lived assets.

Once you highlight a couple of locations, pay attention to active inventory in the areas by going to listing sites and checking out properties for sale.

The way I advise my borrower's is to take the savings on your monthly mortgage payment and divide it by the cost to buy down the rate.

Originally posted by @Stacy Petty:Great to know Max, as I’ve never looked into Georgia, though it is where I am based.