This can be an extremely time-consuming and frustrating process but needs to get done.Borrower Calls – Once the servicer finds your borrower, they’ll make scheduled collection calls notating what transpired and what actions need to be taken.Collection Letters – A variety of collection letters are mailed out based on the delinquency of the borrower.Borrower Statements – Print and mail out monthly borrower statements.Incoming Funds from Borrowers– Any incoming funds from the borrowers will be received, recorded, and distributed to the investor, less the servicer’s fees.Year-End Tax Information – At the end of the year, the servicing company will print out all eligible borrowers who have made interest payments greater than $600.

The house was rehabbed with good quality materials and overall looks great but should I be worried with unpermitted modifications?

Quote from @Jaesung Jun: @Jaesung JunYou don't provide nearly enough information for anyone to realistically offer valid suggestions to you.House hacking involves buying a multi-family house.  

I am really interested in the potential that RE investment has to help provide an income for my family and help me slowly build a farming operation that is set up for long-term sustainability.I plan to use my RE license to raise capital and get access to potential rental properties.

CalifCalifornia is so tennant friendly that I lose control of an asset that I purchasedIf I'm going to rent it the lease agreement wasn't of my doing.If I'm flipping to sell (my primary focus) there's someone living in my construction site.Bottom line, I'm buying a house, not a Tennant, squatter or whatever.

Pay attention to the number of times that people have sold the house.

Coupled with Louisville’s vibrant cultural scene, which includes the Kentucky Derby, the Muhammad Ali Center, and a burgeoning culinary landscape, it’s no wonder the area continues to attract both new residents and tourists alike.Tax Advantages: A Game-Changer for BusinessesAs if these economic drivers weren’t enough, Kentucky has recently made a bold move by eliminating income tax.

I've read (all my knowledge is theoretical) that tenants on government assistance can be really rough on properties (I also see that as painting with a broad brush) but the government assistance side of that is pretty stable income, and it doesn't seem terribly difficult to raise rent either, just requires 60-days notice instead of 30. 

Increased regulations lead to lower housing supply.

Thanks everyone.Just an FYI, this is actually at my lake house.