You may have fun getting FHA note holder to release that new lot, but good luck, they may (after an appraisal review) to keep the loan compliant, but, they may not.But certainly, the solution is to do a minor subdivision and cut off that new unit.Don't get hung up with % rules, you need to pencil out deals in your market, the 2% rule won't fly here, the 50% may over a long term but it may not as our market has a lower tax and labor rate.

I have a nice garden that's not too much to maintain, lots of rose bushes the tenants can cut and bring inside, flowering vines on the fence (and take care of any repairs/issues around the building - real "pride of ownership").

These guys are living on the edge and a crew chief who treats them nice is rare.

The only reason to get on the paperwork is if you can make a bigger cut.

A foreclosure doesn't "wipe out" IRS liens, if they cut loose of the lien it was by choice and it's common, but not required.

To have 6 clear titles you have done something right in the past cut your losses and do it again.

On weekdays, if they can get to the property, they will cut an initial path before 06:30, in so all tenants can get out and get to work.

Leveraging can be a double edged sword.

I would fear that they just went bankrupt and are informally collecting just enough cash to cut the grass and clear the snow.

After financing $ 7,440 a year.Now that I've got that all written out, I see that I really need to focus on getting the rents up to market as well as cutting some expenses.