You want to inflict a level of pain for them to continue to occupy *your* house once you've sold it that will encourage them to go - unless, of course, the objective is to maintain them as a long-term tenant.

Once you file for eviction offer him $1000 to get out as good faith or help him find another place since you are still family if you want to try to go out on a halfway positive note. 

A lot of buyers don't have the financial strength to obtain a mortgage; so, sellers and their agents get skittish.And the market is hot; so, sellers are getting all cash offers...or, at a minimum, offers from pre-approved buyers.Your DTI can be positively or negatively impacted by the positive or negative cash flow from the acquired property (rents less expenses and mortgage payment). 

My guess, is that at this stage of the cycle and with the positive growth that Atlanta is seeing, these properties are in D class areas.

You can get a $5M policy cheaper than the costs of annually maintaining a LLC with the annual filing and tax prep.The more you know...Best of luck!

In anticipation of this call, I was wondering if anyone had experience with Memphis Invest, whether positive or negative, that they would be willing to share. 

I don’t know if a service but we have had a lot of success with streamlining positions along with workflows and systems.

interest rate is Half of what you should get for second position.. in my mind. why would you do all this and risk this for 1,600  dollars total income..

BTW, I think the whole “must own in an llc” is a bit overblown anyway...keep good insurance, maintain your properties.

My properties are well maintained but they are 150 years old.