These were 2 buildings in pretty bad shape and mostly vacant.

The bones are in great shape.

And don't skip on chatting with their previous landlords; you'll get the real scoop on what they're like.Remember, being a landlord is not just about collecting rent; it's about being fair, knowing your stuff, and keeping your property in tip-top shape.

I wanted to get some insight on a topic that has been on my mind lately – creative financing strategies in the real estate investing space, especially given the current scenario of high interest rates.As we all know, interest rates play a crucial role in shaping the real estate market.

If the place is in good shape and the condo board does a good job managing it, that $50 a month will increase every year with annual rent increases.

My long-term tenants just put in their 30 day notice, the house is in rough shape, and I live out of state. 

Market rent for a 3 bedroom 1 bath in similar shape is $1700.

You will lose your homestead exemption which will raise your taxes, so consider that if you decide to hold.Being an OOS landlord myself, it's not that bad as long as you find a good PM and the house is in descent shape, you vet your tenants well and have protections in your lease.

That will really help shape how you move forward and what opportunities you feel you want to pursue.  

There is only 1 way which may be quicker and legal and while it hurts pride and defies all reason of fairness you could always tell him you’ll give the deposit back if he just leaves by a certain date and leaves the house in good shape.