Spend some money on tools and get your hands dirty.

Its pricey in both time and money, which is why I usually express my hesitation to my clients with these programs because many people are willing, but are not able.

I understand that with SFRs, my rent, maintenance, and taxes will be more but that is all factored in.My reservations with the SFRs are rising insurance and property taxes.

Hi All -I have what I hope is a quick question for the tax professionals out there.

Owner pays, just add it to the rent along with projected taxes and maintenance 

If you run your numbers correctly, it is possible to build a duplex in cash, rent it out, and use a DSCR Loan to pull all of your money back out.  

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Have you been leaning towards traditional lenders, or are private and hard money options becoming more appealing?

Bite the bullet and spend the money and use someone that specializes in the nuances and intricacies of evictions, especially in Commiefornia. 

This can be an extremely time-consuming and frustrating process but needs to get done.Borrower Calls – Once the servicer finds your borrower, they’ll make scheduled collection calls notating what transpired and what actions need to be taken.Collection Letters – A variety of collection letters are mailed out based on the delinquency of the borrower.Borrower Statements – Print and mail out monthly borrower statements.Incoming Funds from Borrowers– Any incoming funds from the borrowers will be received, recorded, and distributed to the investor, less the servicer’s fees.Year-End Tax Information – At the end of the year, the servicing company will print out all eligible borrowers who have made interest payments greater than $600.