Once you’ve built some confidence and systems, you can start exploring additional markets.I personally focus on 2 markets that are about 20 mile radius.Make sure the market(s) you choose align with your investing goals, whether that’s cash flow, appreciation, or both.

But if I decide to pay an extra $2,000 per month, in addition to my (dropping month after month) minimum interest-only payment, when the loan is recast to principal and interest, the new payment will be based on the remaining balance ($396,000) spread over 25 years.

Additionally, most servicers will provide the tax documents needed at end of year (1099-INT, 1098-INT) and can also issue notices of NSF, late payments and support delinquency /default.

For instance, Speedway, Beech Grove and Lawrence have additional rules in place.

Additionally, your brother would inherit your cost basis in the property, which could result in significant capital gains tax if he sells the property later.

I have about $100k in capital reserves and can leverage the 2 properties for additional capital, as needed.

Give her 30 days notice now, keep her security deposit, and send her a additional bill for damages to the unit in lieu of taking her to court for the damages.  

Even a brief consultation can clarify your legal standing and provide additional strategies tailored to Raleigh’s market.Have you considered asking other local landlords how they’ve handled early lease terminations?

A low LTV refi to get you some additional cash should be enough to clear this up.

million in addition to their investors (who expect a reasonable rate of return) by keeping the rental rates at a fraction of the market rate?