Don that is a very tragic event I am sure he has not dealt with fully if he has turned to drugs.You can't just stop doing something.You have to replace it with something else to fill the space.WHITE KNUCKLING and WILL POWER will eventually only lead to failure.My mom worked for years and years at a violence center for women and dealt with people that had issues.You can guide them and try to show the way but at the end of the day it is their choice to want to live or die.Just take in every moment your son is present and in the moment with you and try to cherish those memories.Right now your main goal is to protect the innocent children and take away any bad modeling behavior they are witnessing that can impact them for life.When you kick a habit you have to do something else.Example: Smoking - Bike Riding,Drinking- going to church,drugs-exercise etc.Everyone has stress in their lives and that will never change.As we get older the stress does not go away it just transforms into something else.You might used to have worried about money,then it's your kids,then it's old age,mortality etc.Until your son sees a counselor to deal with these issues and learn coping skills he is going to medicate himself to not feel anything.The first few sessions of therapy is just small talk.The real work begins later on and either people commit and dig in to work on issues or say "Oh I am fine now and get scared and run away".Many people go to their pastor but I feel they are not qualified as a drug abuse specialist or a licensed therapist to help them with situations like that.Don you don't control your son but YOU DO control how you react to what he does and how it impacts your life and family.Maybe you feel guilty for him seeing his mom go through that and enabled him out of guilt to make yourself feel better in the moment.All you can do everyday is work on yourself.If you do that you can have a positive impact on him that can do nothing but help.

It makes more sense to build a financial model, but capitalizing the first year's income makes more sense using YOUR capitalization rate.

When a landlord rents a unit to a tenant, he transfers to the tenant what the law calls “exclusive possession” of the rented property.

I actually really like math and think it is critical to properly evaluate the numbers but it is also important to realize this is not some static situation that can easily be modeled with some basic algorithms.  

I would look for situations where the borrower is current on the first.Taking possession only makes sense if you can sell for enough to pay the first or rent for enough to cover the mortgage and recover your investment + profit from the Cash Flow. 

Both cases ended up in magistrate court due to the tenants moving out without paying rent on time, so eviction process was started to obtain a writ of possession in both cases.  

Are the POH all 3 bedroom/2 bath models?

The sophistication of the investor vis a vi Real Estate investing or deals.. it does not take much knowledge or sophistication to buy a Turn Key rental.. even the most green investor understand the model and concepts..

The County makes no representations as to the title conveyed, nor as to the purchaser’s right of possession of the property.

Example: The trustee of Jane doe land trust has the right to lease, sell, possess, manage, operate, collect rent, direct and control the Trust property in accordance to the undisclosed trust agreement.