TONS of SFR listings in the Troost corridor heading up to the river and then curving East along independence Ave.But they present many challenges; vacancies  (due to below C market tenant pool), increased maintenance and repair costs (due to below C market), and increased cap ex due to homes in this particular region being older (many century homes).Then, even if at the end of the year it does well from a financial analysis standpoint, you may struggle to find the necessary and diligent and high performing property mgmt necessary to manage said property…so then if you self manage OOS, you will need a strong ‘boots on the ground’ team.many challenges come with these ‘$ sexy’ properties.

Hope to further widen my business and network through this amazing community.

You need to build your team for your real estate investing business.

They are usually run by picky retired people who love to stick their nose into your business (a generalization... but often fitting!).  

Also, I don't want to do anything illegal, I want to run the business professionally.

@Ryan TallAs business traveler to SLC frequently to the DT area having access to transportation and walkability to a place like Trolley Square with restaurants, shops, and a store. 

turn it over to an attorney. let them deal with it and go after the company. that is all you can do, you tried to be nice but nice does not get you far typically in business when the other party just walks all over you. file for eviction and go after the personal guarantee of the company.

However, with a dscr cash out, your credit will come into play as well as leverage meaning that more info is needed to understand the cash out proceeds of your scenario.Also, the timeline for these area about 30 days give or take and the proceeds must be used for a business purpose.

This is a long-term business with short-term risks.

I am a business broker by trade but I am looking to get into multi family syndication.