Unlike traditional mortgages, however, tax and insurance payments generally are not rolled into monthly debt service, and the buyer must make them directly.At the end of the loan term, the buyer either makes the balloon payment or obtains a mortgage refinance and pays off the sellers with the proceeds of a new loan.

I offered if we made an exception there would be a fee for deep cleaning to rectify and pet odors allergens etc.

Don’t look at only their managers fee, ask what the average client pays in total fees (monthly, lease up, extensions, etc) as a percentage of rent collected.

However, if they want to pay out of their own pocket you can arrange for a third party company after they pay that company's fee so that you can again control the narrative and not have them use some shady company. 

Hi everyone,If you own rental property, it's essential to maximize your tax deductions.

Alternatively, I could use money I have saved in my Roth 401 K to pay it off, tax free.

But the headache: CPA said need to file tax of the SDIRA ; Lawyer who helped to setup LLC said you need not to file tax when you didn't get cash from SDIRA.Do we need to file tax for SDIRA or not?

Property taxes are low in TN which makes it an appealing place to invest.

A 2% transfer tax amounts to $5,815 being paid by each buyer and seller.   

Also, please know that these will not necessarily be below market deals as the interest, penalties, and lawyer fees attached to these properties as a result of the default are significant.