Fortunately, they were all small enough and I had a strong enough financial base that none of them wiped me out.

The question is this (numbers are just round for ease of calculation):  Suppose the home is valued at $500K, and I took a $50,000 (10%) distribution last year, including what was owed for taxes.

This is such a delusion most people that invest in SFH has and I think it stems from bad BP educators.

A company called Asset Preservations bought the Right of Redemption from the foreclosure owner and is now trying to redeem it from us and refused to pay more than 100k during mediation and we have a trial set for July 29th. 

I know which tenant is causing the problem (although might be difficult to prove it’s one tenant over another), and I know I cannot evict for illegal drug use because weed is legal in Ohio, so I am looking for other remedies.

Damon is just starting something now and I would suggest following his Facebook page "Tax Liens & Deeds and Beyond".  

I have turned in all the paperwork that they have requested and I have gone through my inspections and I was wondering what steps can I take to be proactive? 

Hi there, this looks to be a great forum and I can't wait to both contribute and learn from you all.

And I just quickly found out that I wanted something with a little more scale and a little more meat on the bone.

This one is a bit more involved and I might make a separate post to get more feedback:Let's say before I purchase any house, I have a combined DTI with my wife of 13% (Assuming gross income is used to calculate DTI).