Pros- - Outstanding cash flow- Great small community with good school system- Mixed Units, 17- 2 BEDS/ 18-1 BEDS/ 1- Bed- Low vacancy rate- Common area laundryCons- - Extremely old building, 2 buildings total, an old school turns into multifamily living, built in the 1900's- Exterior isn't the nicest looking, it needs a lot of TLC. - Not the best location, the community that its in is about 10,000 people in the state of Illinois about 30 minutes outside of St.

So that company sent me a non renewal letter stating that I would no longer be eligible for coverage with them. 

Sometimes if you mail a certified/registered letter with return receipt requested it will show the forwarded to address. ie, her last known address is probably her previous rental, mail it there and see if you can track it.

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I sent her an email reminding her to pay the outstanding rent plus the late fee, and a move out letter spelling out all her responsibilities to clean up and return all the keys/misc.

I have mixed feelings on this.

Hi everyone, I own a lot, approximately 1.27 acre in a prime location zoned mixed commercial.

When we closed, I hand delivered a pre-written letter to both of them detailing who I was, the rental rates the comps supported and gave them a choice to either break their lease early, sign an early renewal (their lease don't expire until 12/31) at a lower than market rate, or just ride out the rest of the lease and move in the dead of winter.

@Jeff CantrellMost commonly, It’s mixing of words and definitions between cash flow, profit, and income.You can have positive cash flow but after non-cash expenses (depreciation and amortization), you won’t have to pay taxes because your depreciation expense wipes out the positive income you would have had.

Tax code is vague and therefore there are many tax court cases with mixed results.