I fact PPI, the Fed’s preferred measure of inflation, popped up last month, and both CPI and PPI have been resilient in the face of the fastest interest rate increases in history and Quantitative Tightening, where the Fed stops buying corporate and government debt to reduce liquidity in the economy and slow financial markets.

It is also very big and requires constant reno/repairs.My tax returns are laugh worthy to conventional lenders and I have 2 other properties so my debt to income ratio looks ridiculous to the average underwriter... but the cash flow is definitely there.

@Kevin Drouillard most PMCs do not pursue collections after a tenant moves out.Check the eviction judgment to see if a money judgment was included.If not, you will need to pursue small claims judgment.Once you have a money judgment you can try to garnish (another court process) wages, bank accounts or state tax refunds.

Typically, to qualify for loans when contract or self employed, you need two years of tax returns for a typical loan.

We primarily focus on vacants, preforeclosures, tax liens, and pre-probate leads.  

The basic rule for the amount of cash to have at hand is 3 months of ALL expenses as if the rental was unoccupied and you had to pay all the utilities on top of the full Primary mortgage, Interest, Taxes, and Insurance (PITI).As well, it's pays to have a bit more because life happens.Good Luck!

There are tax filings and yearly fees associated with them. 

The no-income tax and growing city were all a plus! 

I'm looking for local recommendations for an experienced real estate tax accountant/CPA.

When he dies then his children get the properties tax free - the tax is eliminated!