I would like to have a portfolio of rentals netting >$200k annually and then I can rest easier. 

Hello,Is there a good and easy way to receive rent from tenants?

I have received word that borrower who defaulted on loan has accepted my proposal for a deed in lieu of foreclosure.

Hi Seth,Yes, and most of the information I've been receiving from BP has been telling me that it is better and easier to invest in the safer areas.

Ouch.If you foreclose on him - you receive an unfinished property, and you now become the rehabber.

BTW, the redemption period in FL for the owner is up until the moment the buyer at the tax deed auction actually pays for their bid in full and receives the tax deed (about 5 minutes after payment).

We only have a house or two, we say.And just because we got away with not having a professional layout when we received a mortgage for our first rental or even second rental, we think it's okay just to present a mortgage company, bank or hard money lender, just some figures written down on a piece of paper or on an Excel Spread Sheet.But what happens when the time comes when you want to really expand?

State gross sales tax is annual and due by Aprl 15.

If you don’t …..be prepared to receive several tickets for things you didn't know your tenants were supposed to (you really since you are the landlord) do.8.

His annual ROI, if cash neutral all years, would be 27%.