I have automatic late billing turned on to encourage them to make timely payments.

This will hopefully encourage them to mive her out sooner rather than later.

Hi all, quick q: I'm planning on getting 5-7 smaller multi-fam properties or 1-2 large ones. 

Thank you for your quick reply.

Its a quick way to go broke.

Very encouraging words my friend!

Here’s my quick look at the BRRRR calculation:$220,000 ARV x 70% (All-in Costs Target) & Refi LTV = $154,000- $35,000 Rehab estimate = $119,000- Closing Costs - Holding Costs = Maximum Allowable Offer (MAO) or Purchase price Your $165K Purchase price is already over the 70% (without Rehab, Closing, or Holding Costs).  

I still have quite a bit to learn but as soon as deal #1 is done, your confidence starts to grow quickly.

What would a quick estimation cost be?

There has got to be some requirement of accepting help and working to solve problems whatever they are in exchange for the help,  and those who won't take the trade should move along and accept consequences for any illegal activity until they see fit to change their minds.What I don't get is that the city has a lot of surplus land -- and a lot of people with a lot of great ideas to quickly build a class of housing someplace between a glorified garden shed and a 200-300K or more per unit "affordable" housing complex.