If they are considered a protected class known as a "Qualified Tenant," then that's another set of relocation fees required.Your attorney will be able to provide the best guidance. 

They can also claim you were 2000 miles away and not there to make decisions or provide feedback, and if you never visited the property that is another X against you.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

.- We removed delinquent tenants and changed the community standards around to provide a safe and clean place of living.- We've upgraded 75% of the units with fresh flooring, paint, cabinets, countertops, and appliances as needed.When we took over the property the 16 units were producing around $9000/month in gross rent.I just checked our rent roll today, and we just crossed $17,000 in gross income monthly!

She did provide me with copies of her bank statements, pay stubs and a letter from her HR department confirming her employment as well as prior landlord references here in the US.

Yes, I want to make good investments and make money, but I also have a strong altruistic drive in providing safe, comfortable housing for women (and their children) in need. 

The biggest draws for investors are not needing to provide income docs (no W2, tax return, paystubs etc needed), DTI doesn’t matter, you can close in an LLC, and not all lenders report the debt to your personal credit (so it doesn’t affect your credit score or DTI for future conventional financing).

Property taxes and insurance are typically the two biggest recurring costs.Below is an overhead cost comparison of three states with no state income tax.Sources for insurance and property taxes: Insurance - ValuePenguin, State Property Tax Rates - Rocket Mortgage.To demonstrate the impact of taxes and insurance on net income, I compared the overhead costs of a $400,000 property in these three states.

None ofmy private investors were impacted by this but it did take the windout of my sail.

Remember, you provide housing not personal reform.