Simply tell them that you're willing to work with him in clearing up the matter to release the judgment that can have a negative impact on his credit and may increase his costs in conducting consumer business in the future.

I only have 4 properties but with pretty good equity...one is also paid off.My wife and I want to get more aggressive and get about 6 more properties for now (10 total)I'm trying to find out what might be one of the best ways to obtain more properties using the equity we already have and who to use for doing so?

I've sold rentals under the 1% rule / with negative cash flow / you name it.

;)P.S Don't ever comment on my posts again because I dont play nice when it comes to negativity.

Rents of 0.7% are cash flow negative.

I'm looking at a slight negative cash flow if I rent it out.I'm new to this sort of thing but I really think there's a deal to be had here, it's just not straight forward.

I only do MFH but I live in a very urban environment where 54% of housing is MFH - and 24% are SFH with the rest as condos.

One way to be bankrupt using leverage is by buying the wrong properties or negative cashflow properties and you hope the property will appreciate.Another way that people get into trouble is by buying a turnaround property or repositioning deal.

As you indicated, the power lines are a negative on yours.

Doing this would turn negative cash flow to positive cash flow of $90 per month.