It helps ensure that any issues are addressed promptly and efficiently, allowing you to maintain the value of your investment and keep your tenants happy.  

@Jr TeakellBankruptcy is not foreclosure they are very differentIf a borrower files charges 13 it’s because they want to keep their home, not lose it.

It does tend to keep laziness and lack of effort from breaching the wall. 

if so, take a refi that gives you 20-25% of the new purchase down payment. this will allow you to keep the cash flow high on the existing and have those funds as down payment to get a loan on the new. 

Keep in mind these numbers are rough and based on my memory of the few owners draw statements I've seen a few times and it's really a basic quite, two queen beds.

Quote from @Jesse LeBlanc: @Jay Hinrichs I didn't know about Oregon, thank you for bringing that up.I am also pushing more wholesalers to "wholetail" their deals or keep them when something makes sense! 

Be prepared to provide evidence supporting your arguments and respond to any questions from the assessor or assessment appeals board.Stay Informed about Local Tax Policies: Keep abreast of local tax policies, assessment methodologies, and any changes to property tax laws or regulations that may affect your property's valuation.

What is keeping you in Eugene, Oregon?

I am interested in keeping them as an option for my first purchase.

Keep in mind that refinancing involves closing costs and may require meeting certain eligibility criteria, but it could provide an opportunity to transfer the property to your LLC.Consulting with Legal and Financial Advisors: Seeking guidance from a qualified attorney or financial advisor who specializes in real estate investments and asset protection can provide valuable insight and assistance in navigating the transfer process.