High interest rates in real estate can be challenging to navigate, but there are strategies investors can use to survive and even thrive in this environment.

Quote from @Theresa Harris: Is last month's rent somehow included in the original lease?

Quote from @Theresa Harris: Find out how much you can borrow from the bank for a mortgage.   

I am shopping for a fair Indianapolis property management company that does not survive on random fees charged each month.For example, 8 months into a lease with a property management company, I have only had one month where no Misc/Repair/Fees were charged. 

Assuming this is a first lien foreclosure, the IRS lien survives the first lien and you will deal with this lien in a separate suit.

It mirrors my other company's model but I do manufactured and modular homes.I was around and survived the last crash. 

@Theresa Harris $1350 up and $1150 down.

This is totally the wrong philosophy since major plumbing, roofing and other repairs set the investors way back, but the real serious problem is the increased costs and inflation make it so that landlords barely survive and never get rich.The big money is earned through appreciation.

If it's positive cash flow, you have a better chance of surviving minor financial challenges.Thanks for all your input everyone!

Quote from @Theresa Harris: If they didn't tell you, you have no idea if the old stove could be repaired or why it broke.