I was curious to what you know about Oshkosh or if you had a connection to there in the past that lead you to decide to invest there.I went to college in Oshkosh for a while and get down there regularly throughout the year.

Properties are in B+ and C+ areas, remodeled before tenant placements so just regular maintenance.

Started getting City warnings of junk on property, regularly, then $500 fines per event.

Landlords that do not inspect regularly ultimately end up with destroyed properties out of neglect.

@Chezare Bonilla this type of question is asked regularly on the forums, so here's my response copied from a previous thread:Before you do anything, it's advisable to study up, get experience, and learn as much as you possibly can about RE.

Like anything it’s a forecast - key part is to monitor it and adjust not only to the economy but also based on possible outcomes / results

I keep monitoring the local auctions in my area and this post has inspired me to get more serious about showing up to one with a serious cash buyer mindset!

Now I look forward to my regular workouts. 

Hello,I bought a property last year subject to existing financing.Later I sold this property on owner financing to another buyer.I was making regular payments to the existing loan since i sold the property.Last month I was unable to make the payment to the lender and on further inquiry I found out that the original seller filed a bankruptcy under Chapter 7.What should be the ideal thing to do now ?

Overall, a HUD contract is actually a positive for a bank as it is a much more predictable source of income than regular renters.