This is one reason it’s important to really understand the stateIn Georgia it is strongly recommended a modification gets recorded as if the deed of trust has expired and not foreclosed on in seven years it reverts to the borrower - even if you did a mod and extended the date - make sure you record it.Statute below: The doctrine of reversion, as codified at O.C.G.A. § 44-14-80.

Once their lease expires and if they have not moved out then you can file for eviction based on the fact that you need to move into the property.

@Dave E.

But it becomes interesting when covenant expires and I can get $1800/mo (assuming average rent doesn’t increase in those 3.5yrs).So, my question is… is this a deal worth taking?

Originally posted by @Shakeema E.

Schedule E vs.

Hello, My husband and I have been house hacking our first single family property in Texas and one of our first tenants has been renting out on of the rooms for a few months now and their contract is about the expire.

The beauty is that your tenants may be able to cover that "new, added debt" for you, AND, you'll have that liquid cash to start over..... but you better do those numbers carefully.or.... go with either of the plans you mention.... it all sounds good.

I've currently got a portfolio of 45 properties in Austin TXD  I'm tapering off of buying rentals only because I need to preserve money and because I want to build more liquidity in general rather than just equity.  

Received an e-mail this morning from my existing tenants.