In those days it's not uncommon for tenants to stay for 20 to 30 years.I had another interesting rental episode with a tenant.

I am staying wondering why there is so little information on tax liens,  i read some books on notes and foreclosures but looks like a big secret here... maybe that's the reason... i need to go into this to find out :)

I would consider staying with your parents and investing in another market that stretches your dollar and covers the cost of a professional property manager.

if he's getting into capital raising to raise 25k or 100k he needs to stay with his corporate job. raise that number by 10x and do something that's life changing. challenge yourself. 

I am looking at a condo that is located across the street from a Sonesta Suites extended stay hotel.

And Alienation of title is a Event of default. there are numerous events of default..

Generally if people are in town they stay with me till they have to go.Everyone wins.The downside is if you get a bad apple in the house it can and will spoil the entire bunch.

Stay focused and close on the property, do not let an out of the blue crime destroy a future REI and cash flow. 

Its a good discussion, these stories always help to re-evaluate and discuss our markets, or whether or not it's worth staying in them.

Time overcomes low cash flow to some degree... rents go up while your mortgage stays the same and your tenant pays down your mortgage.