Might take a year or two for it to catch up with you but suddenly you will get a huge jump in taxes which is why I don’t focus on investing in Indianapolis anymore :( cash flow is great for the first two years... this is exactly what happened to me and I even tried to challenge it and they can back with “nice try, the market is red hot and we can clearly see what you purchased the property for...”

today the husband called to say he will be 2 weeks late because the wife had a mental breakdown and was hospitalized for a week , so he had to stay home . also he informed me next month he’ll be a week late because he needs to catch up . the lease states there is a late fee after 3 days . is it fair to charge him under these circumstances? 

You can potentially catch the non-paying issue by having the tenants sign an estoppel and having the owner show proof of paid rent.

This tax "restructuring" seems to be catching on from municipalities as I recently had another property's tax assessed value increase by 500% from last year (not exaggerating).

All catching the massive appreciation wave that Austin is causing.

That's the catch "Great partner".

The FDIC would love to catch a lender selling a property they don't own.If you do it by paying the arrears, better not put that property into your name or you face the accusation of equity skimming.

There was a lag in us catching this as some guests did not experience anything.

And if anybody in the local forums catches your attention, message them personally to ask them about that market. 

In my case, the seller passed in 2019 so the title company screwed up by not catching this.