Explain that a foreclosure stays on your credit for many years and that it will prevent them from possibly getting another mortgage a few years down the line. 

She filed for chapter 13 to prevent foreclosure last Summer, and we are in the process of undoing the bankruptcy.- She is signing up for a home loan modification in this week and we are planning to dismiss the bankruptcy in 1-2 weeks.- There were no financial issues prior and technically we are still solid.- She has a 620 credit score as a result and may be slightly lower.

What has prevented you from making a move on a property?

Think of this as the "ounce of prevention."

If plumbing clogs are the responsibility of the tenant per the lease, either the tenant needs to hire the contractor to resolve it and/or arrange with you on how the bill will be paid BEFORE services are engaged should you handle it. 

My hope is by making some industry friends I'll be able to prevent myself from over-educating and not taking action.

A professional property manager will eliminate these hassles by proactively handling tenants’ requests or complaints, including after-hours emergencies, solving maintenance issues, and preventing any HOA violations.Labor and parts are expensive.

Norristown should in theory be a good buy (major transit hub, easy access to major highways, etc.) but I suspect they have a lot of governmental issues that prevent it from gentrifying.

After looking into some patterns from the previous financial crisis, I’ve honed in on a source of wholesale leads that have a 41% likelihood of defaulting within the next 6-12 months.In this post, I’ll go into how to farm these wholesale properties from publicly available information.COVID-19 impact on foreclosuresSince April of this year, there are several factors have created an effective dam preventing foreclosure sales: Federal and local stimulus packagesTemporary increases in unemployment benefitsCancelled foreclosure auctionsIn the following graph, you’ll see the steep drop off in foreclosure notices since April.

That would be deflation, which is the main thing the Federal Reserve has committed their considerable resources to preventing.