Is no reason to be put down by a "Generation x" style thought process.

Hello everyone, I have a situation not sure how to handle because I'm new to landlording business. I purchased a quad to house-hack a tenant moved out the week I closed on the property and I had a hard time contacting...

There are a significant amount of risk involved in the whole process along with holding costs.

I did a drive by on a property today where we are in the process of evicting a tenant for non-payment of rent and noticed that tenant has cardboared up some of the front windows of the house. 

From the sounds of it, everything was pretty smooth sailing throughout the whole process for your first project, that's great! 

Over the long haul, I like to look at using IRR and time value of money, which includes the whole process of buying, income/expenses and selling the asset.

I would recommend reading the blogs, scanning the forums and attend your local REIA to learn about the processes and the players in your market.

Im also in the process of becoming an agent myself so I may also be able to help you directly in the near future.

She did a great job at showing me my options and guiding me through the HUD/rehab process. 

It's often simplest for a bank to go through the foreclosure process to clear title, particularly if there are junior liens.Look at the abstract and if you think it's something different let us know.