If you compare the $2425/month income vs. the $425,000 you think its worth, then this is a terrible deal as a rental.

The HOA can making renting very difficult.But don't you think there can be advantageous such as low maintenance and possibly better quality tenants when comparing a house at similar value?

A long term rent to own term might look favorable to them if they are comparing that to continuing as a landlord, or losing the property to foreclosure if they are behind in payments.

In the meantime, the new hot water heater elements have been working overtime and probably resulted in greater utility bills.

It keeps losing value compared to all the other major currencies.FED keeps cutting rates.Media keeping everything quiet.

Compared with the S-Corp, the LLC is a more informal organization, does not issue stock and does not have the same rigorous standard for corporate maintenance.

What are some of the pay property value searches out there? I know of Realquest Pro... I got on their site and it doesn't show the price. Does anyone know the price they charge? Any other recommendations for pay servi...

, normally the first thing I do is look at what they owe compared to what the value is...honestly, I was considering all the fees they were going to owe from being behind, but overlooked that they owe more than it is worth now!

There are several other comparable homes nearby seling for $115k to $150k, including the hosue right next door for $115k(3 br 1.5 bth).

I had a little trouble comping it originally because it's a new build area and there just isn't much to compare it to other than the original sales which are now a year old.