They also frequently ask the guests on the podcast what their favorite real estate and non-real estate related books are, which will help add some depth to your recommended reading list.

I agree that if he forecloses, junior liens (without some form of super-priority) would be a non-issue.

The City of Independence stated that they have been trying to get USREEB to fix the issue for almost 2 years & I was never even notified of such issue.The tenant moved out Aug 2017 & the property management company kept charging me utilities upwards of $400 when the property was vacant & did not/could not provide me proof or answer why.The bottom of the kitchen sink cabinet was missing & had fungi growth that was never cleaned and replaced.

Unless it is portfolio or non traditional financing. 

Is the sweetspot to find a middle-tier school district or is it a non-factor?

And please specify if this is for non-low-income or low-income properties.I know this information can be personal, so I appreciate any input!

Hey guys.So I am currently in that space where I’ve been reading books and listening to podcasts but I am still about a year away from my first purchase (at least 6 months).To make a long story short, I’m cleaning up a mess a younger me didn’t realize would put a monkey wrench in the plan my current self has created to help me achieve financial freedom.With all the knowledge and experience everyone has been sharing, I’ve been feeling like I wanted to contribute to the community as well.But how does someone with no experience contribute to this wonderful community?

If the building WAS a SFR at one point, then you might need to some serious investigative work to make sure all of the utilities and plumbing are cleanly partitioned.

Can you clean up the existing house, rent it out until you get all your ducks in a row.

Just that the market combined with your state of mind tells me clean break.You can sell all as a package and 1031 into a passive investment and collect your 7% - 8% for the next 20 years but its too small for a big group without a  huge hair cut.