You might have 8 months of collecting "profit" and then have one bad incident that demands all of that "profit" and drives you a couple thousand more into the red.On a property that's generating a healthy $500-$700+ profit a month, I'd either be driving it back into the property to fix any immediate cap ex threats or saving half for a future investment, and half for padding the emergency bank account

Cannot double dip and cannot just leave it empty while collecting from this guy till the end of the lease.

While technically, I guess anyone could, however, someone lacking the very specific and very specialized skill set required to "procure" this efficiently, would not be able to collect the information prior to the tax list being published.

So property management collects all rents, pays for all expenses, and redeem the rest to the the cell 1 and 2 minus its property management fee.

While there are no immediate plans to refinance, the plan is to continue collecting the great cash flow and refinance if/when it makes sense and the market picks up in the town the duplex is in.

While there are no immediate plans to refinance, the plan is to continue collecting the great cash flow and refinance if/when it makes sense and the market picks up in the town the duplex is in.

What's the best way to collect rent for April without any hiccups?

While there are no immediate plans to refinance, the plan is to continue collecting the great cash flow and refinance if/when it makes sense and the market picks up in the town the duplex is in.

Collect all debris so to not get them scattered.

Currently it looks like they have gone into collections which could hurt my credit, but I'd rather just give up the property/let the city take it in exchange for the taxes....Would love advice on what my options are at this point..