My customer also has no idea what the value of said property is worth in todays market.The property consists of approximately one acre of land located in Maine. 

Either continue saving for the next down payment or use a HELOC on the primary residence to purchase the next one.

Our goal is to buy another one next year but we’ll see based on the market.

Providing necessary docs - 3-day, tenant ledger, lease, property management agreement if you have one.

So less impact on job market if one industry goes down.

Currently in the process of having one of the vacant units renovated with higher end finishes than were previously used.

I realize this post is 2 years old but someone may have the same question.I use Microsoft One Note for Desktops, it's free and stores your notes in notebooks with tags that are easily searchable for reference later.I have notebooks for Note Investing, Real Estate Investing, Information Technology, and Digital Marketing.Usually, something that I'm studying falls into one of those categories and each notebook has subcategories. 

HelloWe've had great success on our two SFH long term rental properties, and one of the parts that I really enjoy in this endeavor has been the deal analysis. 

One of my good friends and I were talking about different investing methods and decided we would be each others accountability partner.

Normally does not wipe out government liens like IRS, demolition, mowing, preservation, etc.Some place it also does not wipe out water/sewer/utility liens.IRS I believe has 120 days to act after the foreclosure, I can think the other ones sunset.