Class A props won't cashflow for 3-5 years, unless you buy from distressed seller or can reposition and raise rents.Class B is really where most investors want to be.Class C is usually NOT for newies, due to numerous challenges that will cause panic attacks.

Landlords or property managers send out the notice to vacate, not courts.  3-day for non-payment.  30-day for other reasons (too numerous and not relevant here). 

The suburbs of my city (Chicago) have numerous cheap properties that are burdened by high taxes.  

One such supplier in my area is called "House Possible" and you can order from his website and they will ship to you.

There is also potential for Unrelated Business Income Tax (UBIT) depending on many factors, including how often and how numerous the flips are.

I see a lot of investors treat owner financing like a rental (don’t send statements etc) which violates numerous laws (if owner occupied) and if the borrower were to default and get an attorney it can get very ugly quickly

So between losing 2 commercial tenants and numerous evictions January/February were around 30% less income.

I've personally talked with Scott on numerous occasions since 2016 and red flags were popping each time.

I look for streets that have a couple well cared for homes (which tells me there are at least a couple people that care) and numerous homes that have boarded windows, overgrown lawns, and you know those white sheriff sale papers on the doors.

In a few paragraphs, Holtzschue explained exactly what I should do (sent a letter of default and prepare to sue for specific performance), and listed numerous legal cases that outlined NY statutory law.