Hi @Nic Reid message me your email address and I'll add you to our email list.

However, a few expense items are missing or underestimated:Vacancy: I suggest an amount equal to 1 month's rent per year [$1300].Repairs and Maintenance and CapEx: For a $90K house (and without knowing the age of the house or it's major systems), I'd propose more like 1 month's rent to be safe [$1300].Management: Even if you plan to do this yourself, there is going to be a cost in time and money to address late payments, handle repairs, renew leases, etc.

It could be you are overestimating rehab costs or others can do it more efficiently.

That doesn't even address the issue of market appreciation of the properties in question, or the expected turnover rates for each, or a host of other issues.You'll have to do an analytical review of the pros and cons based on your values in addition to the items which you can actually quantify, and then base your decision on that.Good Luck!

I've been very good at addressing my tenants' issues, but this one seems to be one of those that I'm not sure about what to do anymore, since I already talked to both of them. 

We give the tenants a choice between CFLs and incandescent, but for tenants who habitually leave lots of lights on, be only provide them with CFLs, more energy efficient.

If you want to build anything more efficient than a minimum code bundle of sticks, you could be looking at $120 - $130/sq ft.  

Their name is not anywhere on LLC docs or any deeds or titles, however the property address's do get listed in their tax returns for depreciation, etc.  

Real estate is already a very tax-efficient investment, making it suitable to hold outside a Roth.  

How to know what strategy to apply to be most efficient at contacting tax delinquent owners who truly have no desire to keep their properties and who have property that does have value exceeding the tax liability.