There is no more glut of foreclosure properties, however we are producing plenty of opportunities in the SFR arena and delivering value to our investor clients. 

I would warn them that one more violation will result in an eviction and then I would hold to that.If their mess were inside the house and not attracting pests, I would probably ride it out.

.- Downcycle Outperformance: MHC is the least sensitive property type to negative changes in GDP - the average stay in in MHC is 13 years, unheard of in residential real estate - resulting in stable predicatble cash flow with an ability to consistently, yet responsible increase rents.Lastly, a quick glance at some MHC investors and proponents:Warren Buffett is a significant investor in the MHC space, favoring the sector for its stable, predictable cash flow.

Some days it's a little stressful, but the results of hard work make it all worth it.

I’ve talked to every credit union in my town, to similar results.

It will reduce your taxable income by $8k - which will result in $1,7000 ish in tax savings. ($8,000 x 22% tax bracket)If you have other expenses, depreciaton, ect- your rental may generate a potential tax savings greater than that $1,700. 

Currently our mortgage plus all taxes and fees equal to $1100 on this property so this is a very hot rental for us.My question is would it be wise to abandon a 118K loan at 3.5% interest rate and do a refi cash out at 4.65% for 300K and take that 182K and invest it into more properties or leave it as is.A 300K loan will raise our monthly expense from $1100 to $2200 on this house which is still well under what the property is producing in passive income. 

Looking to see if anyone has had experience working with American Anchor Homes in Cleveland . Have you been happy with your experience? 

Did it produce positive cash flow?

She says there's a local lawyer there who now has all the files, but when she's asked for them, nothing has ever been produced.