It depends on the state and locality but from what you describe here, I'd be surprised of Frank has much if any recourse as long as the new rent doesn't violate the local regs.

Needless to say that has artificially inflated prices for rental properties especially under $150k.So if you are looking to buy rentals- stay clear of the MLS and don't take recent sales comps at face value as a measure of ARVs; know expense calculations to know your true Net operating income; you will be surprised how it can often be way off than what most wholesales would have you believe.Let us know if we can assist in any way- our specialty is in providing data on finding & evaluating off-market deals.

I was surprised to find that it followed the same business model and all the other free seminars I've attended in the past, that is, a giant sales pitch.

The bureaus need to be able to see that you're responsible in managing money and a track record of ability to pay on your obligations.This might come as a surprise, but some of the worst credit I've seen is from the wealthy.

Don't think even one duplex got built.Not surprised.

wow surprised it took so long for someone to welcome you thx for being a part of this community, as for phil pujawhatever you can see all of his seminars basically on youtube for free, some really good info, some also left to be desired, you will be fine in all your endeavors, no matter what your ques.

My husband and I bought our first home there in Surprise, AZ in 2000 and lived there for 2 years and then moved to Utah.

Did you leave an allowance for the unexpected?

The life cycle has to be interrupted and they have to die out.That surprised me too.

Surprisingly they were not!