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Consequently, the lender cancels $75,000 of the landlord's debt.In light of this situation, the IRS Chief Counsel provides guidance indicating that the foreclosure constitutes a taxable disposition of a significant portion of the landlord's interest in the property.

If there is a task that requires special skills or tools (e.g. pruning trees) then the landlord should do it or hire a professional.

He is month to month and we could easily provide him a 30 day notice.

The monastery there was given large tracts of land in the early 1800s to provide schooling to the rural (at the time) areas of Charlotte.

I also look in the newspaper and craigslist for basic for rent ads that provide landline phone numbers.Facechat, instabook and the others mean nada to these folks.

Would love to learn about what you are looking to specialize in.

Also if it is a 30/360 for 365 day amortization that can provide different payments. 

Transitioning from single-family residences to multifamily properties, particularly those with 2-4 units, is likely to result in a better cash-on-cash return, provided they are acquired at the right price.

However, they can provide good return.