Good for you by beating him and wining the right to continue to pay his mortgage.

Use the search feature located in the upper right corner of your screen.I also recommend getting a good book covering the general requirements of being a Landlord.

(Make sure you turn on the Class Feature in the Preference Section of QuickBooks).When you set up your properties as a class, and you invoice your Guests for the rental term, you will choose that vacation rental from the class feature of the Invoice.If you have repairs or expenses for each vacation rental, you will write a check and choose the correct vacation rental from the class column on the check. 

And be sure interest continues to accrue until paid. 

That being said, I believe there is still some solid long term appreciation potential in the neighborhoods closer to the BeltLine's Westside Trail and recently purchased Southside Trail, as well as those near certain film studios, such as the Tyler Perry Studios.There are plenty of smaller cities in Georgia and the Southeast that continue to have 2% properties, but their locations, amenities, and economic outlooks will likely not be as promising as ATL's.

No horror stories to date and I'll continue to add units, as well as manage units for others.J.T.

If you can mitigate your losses by selling in the short term it may be the best option, particularly if you are speculating on appreciation or continued rent increases to turn a profit.

Rick, I tried sending you a private message but the feature is disabled.Is there another platform I can message on?

Right now I’m looking in Milwaukee WI.I want to get away from single families and get into multi though, I would continue to budget for a management team but I’m on the crossroads of taking over all of them for now as long as the tenants are good and have been long term. 

Most everyone that I grew up with never made it out and are either dead or frequent guests of the county or state, so I'm hoping that you can share your story and help other young men and women realize that their future is in their hands and has absolutely nothing to do with what they have or haven't done in their past.Good luck and I wish you continued success!