Our monthly portion of rent covers the mortage but cash flow is essentially zero (we profit maybe 100 bucks a month).I have always viewed this as a free ticket to eventually owning the house, we will pay off the mortage in 7 years and then the rent would be "free money".

To make sure I am following this correctly are you saying that essentially you told him you would take the $1,000 & apply it as his last month of rent?

@Robert Jensen - We have clients who have bought in East Oakland and parlayed their equity via 1031 into another property (essentially trading up), and using the remaining funds to purchase a 2nd property. 

After taking possession of the property with a tenant in place, I then did a cash out refi on each property to essentially "pay back" my HELOC.

What would be considered essential holdings of a court judgment?

We invested cash and took on traditional investor loans.I uncovered that there was a bit of cash out financing going on to free up money for more houses.... essentially pulling out all the created appreciation profit, and leveraging it to buy more new homes.

Essentially its expected market price at resell.4) Take 70% of the ARV, subtract the cost of repairs, subtract a small Assignment Fee (your finders fee) for yourself.5) That number is now your MAX offer.

Essentially everyone that purchased last summer, when rates were at 7 year highs, should be looking into it.

They don't come up often, and when they do they go fast.Remember that Elk Grove is essentially a suburb of Sacramento, and what are suburbs full of?

You are essentially paying the same except depreciation allows you to keep more cash up front.