Filed eviction papers 7 days after she moved in.

But I agree with @Joshua Christensen, you should have this papered up professionally.

this is just an example  commercial and industrial zoned in any rural area can take decades to sell full stop.While those look good on paper getting them to the finish line pretty tough.

I’ve been researching businesses for sale and many look profitable on paper.

Have soap and towel, face masks , you dont know how the tenant lives . 

The requirements are not difficult to hit "On Paper".

Property manager sucked, spent $20k repairing it after tenants destroyed it, Next thing you know I am in it for $60k it on paper get $1200 in rent but good luck getting people to pay.

If price goes down, I still have the paper loss whether I have paid it down or still have the mortgage.

Should, at that time, you opt not to renew, then serve the proper papers and get on with life.

remember payments may only be 400 a month at best.. 6 months reserves is a whopping 2400 dollars.. so someone theoretically with less than 10k in cash could get into these properties.. this William I personally think is highly dangerous for lender and for buyer... its not losing the 10k that's nothing its getting your personal credit trashed when you can't make the payments because you lost all your cash.IMHO if you want to be in the rental game you need 20 to 30k liquid at anyone time that you don't have to borrower etc.. this will insulate you from taking a loss. as you build units of course its not exponential but you need a base.And since this is not TRUE cash equity only paper equity there is no hope of selling them for a profit or what you have in them..