I always recommend to make even a little passive income from a rental after all your expenses, lets be honest you put a lot of effort into this rehab so you should reap a little return.

I called some collection agencies and they basically admitted that for the amount of the judgement, they aren't willing to do much more than call and harass him for a while.   

SUN Title Agency for Grand Rapids. 

@Lina TruongStarting with mid-term rentals (MTRs) can feel daunting, but breaking it into steps makes it manageable.

A better question is "Should I have a rental property in an LLC?"

Screening: Includes income verification and rental history verification.

In some cases, after running the numbers, I’ve even faced potential negative returns, causing me to miss out on promising deals here in South Florida.That brings me to my question: I currently own two homes—one is my primary residence, and the other is a rental property.

In fact, according to the Federal Housing Finance Agency (FHFA), over the past five years, home prices nationwide have risen by 57.4% (see map below):This appreciation means your house is likely worth much more now than when you first bought it.2.

I think most people would agree that a single family home is better than a condo for a long term rental.

“The fact that the SEC is taking the time to share information with the Department of Justice is a serious step,” said Carney, who previously served as an attorney with both agencies.