It will continue to worsen with future delinquent payments, a foreclosure or any sort of settlement.

I work with those who are buying to fix up and flip, as well as those buying to renovate and hold for future rental income streams, or as homes.

NPV is the current value of all future cashflows discounted to the WACC ( weighted average cost of capital,  or the interest rate that you borrow at).

If anything, just to gain experience that goes into a full rehab so we know how to communicate what we want with future GC's.

Maintenance is a huge expense to keep in mind, Vacancy in case one of your tenants moves out and stops paying, and of course Capital Expenditures to plan for bigger projects in the future such as roofs and siding.

I’ll keep that in mind for any future interactions in situations like this particular one.

You can carry on forward and hope it doesn't come back to bite you sometime in the future.

My interest in REI is to at least supplement my retirement pension in the future and to have something of my own to grow. 

I came to Australia about 7 years ago from South America looking for a future and survival of my existence (literally), since Australia's market has become a big financial bubble quite impossible to penetrate, I decided it was best to get into USA since I loved this country when I just a child, I always have.

I will be screening all future tenants using the amazing advice on this forum so I can minimize the chances of something like this happening again.