I can't wait to see your future progress!

That doesn't mean you can't do other strategies later, but focusing on one strategy early on will only help you make progress on it faster.If I were in your shoes I'd also look at what I could get out of the original house on a sale, and whether that is still exempt from capital gains tax.

I have an attorney when I asked about putting a lien on tenants 200000.00 boat he said the cost to do so wouldn’t be worth it ..has anyone had any luck with collection agencies recovery of rent ?

I look forward to seeing your progress!

This is a legal question based on case law, so you will need an attorney to make any meaningful progress.

In an ultra-progressive assault on for profit rental housing the mechanism for such take over will come to be through the Sec8 and Sec45 programs.

The temporary eviction moratorium applies to certain dwelling units assisted by Community Development Block Grant (CDBG) loans (including Section 108 guaranteed loans), Neighborhood Stabilization Program (NSP) loans, and CDBG-Disaster Recovery (CDBG-DR) loans, as discussed below."

I crushed 2 of them:- add 20 units to portfolio (partnered up and have 73 closed or pending) - build standalone real estate office (will be complete on 9/1)2 are works in progress:- have 10 agents and 2 admins on the team (we’re at 7 and 1) - close 100 transactions for the year (we’re at 45) And the most important one I completely lost sight of:- buy an investment property to fund my 9 month olds college (I haven’t looked at something for this since February)...It’s easy to blame Covid but the one I lost sight of is completely and undeniably my own fault.

The syndicator needs a great reputation and I am really worried about these syndicators that kept talking about the path of progress and with this pandemic that path of progress was halted and the place the investors invested in is in a bad neighborhood.I syndicated based on buying in good solid neighborhoods, not sexy, but undervalued.Plenty of reserves are key here to weather the storm people!!!

I am newbie to RE, just been reading up, and have not made much progress.