If you give them a chance to pay on their promise date and they were being truthful, you will have avoided a lot of time and cost associated with filing the eviction and then cleaning/fixing up the unit, marketing, and not to mention vacancy.

Although a few companies have attempted to create note resale market places, in truth these haven’t been very successful.Sellers of residential properties who have taken back owner financing are constantly contacted via snail mail by both buyers and brokers wanting them to sell the note - at a discount.

I made sure my insurance had extra liability.

D] Is there some sort of (extra) mileage for a trailer?

Typically I don’t want my tenant trying to influence what is put into a unit or “extra” stuff being done.  

So plan on spending an extra $5,000-$7,000 per unit every 8-12 years for "freshening up" B or A units. 

Account Closed Depends on how the algo's are structured...I use Core Logic and find them to be fairly accurate...truth be told, it's impossible to produce AVM's and be accurate long term...especially in a rapidly changing market.

Just jump in head first, and make sure you have enough of a cushion in the deal to put in an extra few thousand for closing. 

They build in extra padding, so the unexpected does not derail the entire project.When creating your budget, make a room-by-room outline of work needed and estimated costs.

Account Closed I was actually told by my CoStar rep a few days ago that you can list property on CoStar at no additional charge, but the only extra charges are if you want to list it on LoopNet.