There are a ton of resources to help you learn on this site.Attend local REIA meetings and connect with like-minded investors: http://www.biggerpockets.com/meetRead the Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingListen to the BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/

Even if you took them to small claims court and won collecting is a whole other ball game.This is why as mentioned they get draws for various steps of completion.

Is there resource the owners or I could use for repairs like insurance?

If you do that, I’d say collect rent from him.

10bii Financial Calculator for analyzing loansI have found a great resource for learning to use my new 10bii Financial Calculator to analyze loans.

By Day 40, had anyone called the tenant's place of work supposedly inquiring about collecting on the tenant's outsized gambling debts?

Unless I’m missing something, the numbers seem to support renting it, even though I could pocket $175k right now. https://www.allpropertymanagement.com/resources/rent-or-sell.htmlI’d be very grateful for any thoughts you have.

Wait and Pay it off (pay off in 2048) and collect $2600 rental cash flow forevaaaa2.

@Ley Woods check out the resources under the education tab above.

Wait and Pay it off (pay off in 2048) and collect $2600 rental cash flow forevaaaa2.