You're certainly correct, this market it pretty awesome, which brings in a lot of competition. 

Don't bring up lease violations and other things that have nothing to do with the non-payment of rent.

Hopefully, things like this can help bring it back if we all work to shut the obvious spam down.

I understand that if you live in a state that does not have a state income tax - you won't have any state tax liability, but based on $110K income, you would be in a 24% federal tax bracket...Distributions from an IRA or Roth conversion would be considered ordinary income and subject to ordinary income tax; capital gain tax is not applicable here, so I'm not sure why you are bringing it up... 

I will potentially move into one of the units for some timePurchase Price: $1.98MAssumable Existing Financing: $1.18M @ 3.48% ($5,563/month) Seller Carry: $300k @ 3.5% (5-Year Term)Down Payment: $525k (Buyer to Bring)Buyer pays all closing. 

Call a meeting, bring clarity, and press them on the terms you both agreed to.

Our local REIA is hosting our next meetup on January 9th and we are bringing in legal experts to help investors better understand the implications of Good Cause Eviction.Here's the link to register for your seat:https://www.ffreia.com/Events.aspx?

The Fed rate cuts will eventually help bring down mortgage rates.

They can bring payments to the office or send by mail, but anything mailed is not considered paid until it's in my hands.

Quote from @Jeff Shaver: Current investment property in San Diego brings in $5K a month, my net after mortgage/PM/etc. is around $650.