Applicability of the tax or legal principles discussed in this material may differ substantially in individual situations.

Eventually, the residents stopped paying rent and left, so the situation resolved itself.

I've purchased turnkey properties, as well as BRRRR style transactions in multiple Midwest markets.

This means intelligent placement on multiple platforms of popular use.

Unfortunately, there are numerous other frustrated customers who are dealing with similar, if not worse, situations, myself included.

The lender offering 10% down on 30 year mortgage was a miracle worker for us in a crunch time situation.

I will get all of these fixed prior to renting, not going to put anyone, including myself in a potential liability situation.

@Carlos Lopes mortgage paydown and tax savings are usually mentioned as benefits but rarely factored in the equation for three reasons: 1. they're variable from investor to investor. mortgages are always different (5-30yr terms, different interest rates, fixed/variable rate, interest only / fully amortizing, etc.) and everyone's tax situation is different2. they're hard to calculate because they're "paper" gains.

@Sky Shade, tax benefits are an incredibly unique situation to each investor.  

I am curious to get feedback from everyone about this situation I have found myself in.