Personally I’d waive the eviction to get back rent and then as soon as they are late again evict them.  

. $350 on $1,000 might be tolerable depending on what has happens to your market lately. $350 on $700 would be pretty darn intolerable for many.

Multifamilies were typically built in late 1800 to early 1900 and condo/townhomes are newer.

If your credit is good and it's titled in your personal name you're probably looking at mid 3's to high 3's on for a 30 year fixed rate mortgage (I haven't checked fannie/freddie rates lately so trust but verify).

About 5 months ago, she filled out the rent relief application and then failed, or refused to follow through so our great government could pay 80% of her rent.This tenant has been paying about 1/2 of her rent every month and she promises to catch up, but I am guessing that in a few weeks she will be 3 months behind on her rent.So, to answer your question, I have no problem with evicting her and I will wait until the end of September to see how well she catches up, or whether she gets further behind.This COVID rent moratorium has caused myself several other problems with tenants and now I have about 4 or 5 tenants who starting paying their rent late every month like they are entitled to pay late and they refuse to pay a late charge.

They are conservative in that way as well.I'd love to hear from @Brian Burke from Praxis Capital and @Travis Watts from Ashcroft Capital to see where you're projecting IRRs in late 2021.

I am an agent in Fort Myers, Fl but with an extremely competitive market I have started to look at other opportunities. Wholesaling seems very intriguing and would love to get started. Does anyone have any advice on h...

They just couldn't understand that they were late on their rent and trashing the place as well.

Often if they are not paid on time there is a late fee, plus interest and that can double the cost for the taxes fast!

Unfortunately, for this rehab this knowledge may be a little late and the big expenses likely need to be depreciated.