My tenants placed a piece of furniture directly over the only heating vent in a bedroom next to the outside wall of building, and kept door to room closed since it was a storage room for them.

Throw in a car payment, buying some shoes at payless, Friday nights with her friends....recipe for disaster.

I bought one 5 unit property because I was able to see 20%+ on it and get an 800 sqft garage for my storage as a bonus.

Rafael,I do mostly single family homes, I have one 5 unit apartment building which has an added benefit of having a 1,000 sqft storage area for me to keep tools, appliances, paint, materials, etc.

Along these lines, if any of the items behind the house and garage belong to you, please move them inside your garage or basement storage room by August 1st 20XX.

If you can become and expert in this realm, some people will gladly pay you a lot for your expertise.If I were in your shoes, I'd probably get with an accounting firm that handles a lot of investment real estate - just to get a feel for the tax laws, and how you can apply them to the benefit other investors (or to your own investments).

That said, here's what I would do, If I were in your shoes.

A common mistake putting notes in with the basket of property ownership, they are wto different worlds, once in the lender's shoes, always in the lender's shoes.

This can be for things like: fed funds wires, notarizing documents, document storage, account setup fees, statement fees, transfer fees, account termination fees, servicing fees such as writing a check, processing documents, etc5) Service: This is one of the most overlooked areas in the research process.

If I were in your shoes, here's what I would do: 1.)