This is definitely below market rate (could probably rent for around $2000/month), but these are unicorn tenants and they are managing the property very well (small landscaping projects, small home improvements).The current value of the house per Zillow is $383,000.I am originally from the Bay Area so we plan to settle in Northern California once my husband is out of the Air Force in a couple of years.

Originally posted by @Philip Mullinax:Thanks guys. 

Factors include the wording of the original agreement, when the original debt was due, how it was billed, and if the tenant ignored the bills and let them accrue.

Originally posted by @Mike Shay:I'm an investor friendly agent down here in the tri-city area. if you see something down this way don't hesitate to reach out.. 

Originally posted by @Chris Moore:I do it in the bay area of California and increased my monthly gross 35% over my long term tenant. 

I am originally from northern Minnesota, and had lived in Minneapolis for years after college in Mankato, MN.

Originally posted by @Andre Crabb:Hi there BP,A RE newbie here, but dying to leave my computer-staring corporate job for that cash-flow-propelled passive income life of travel and freedom we're all dreaming of. 

I bought a portion of a commercial property (I own 5100 sq ft detached building while the original owner owns 16550 in 5/2017.

Originally posted by @Evelyn S.

Originally posted by @Maxwell Lee:We are invested in two very popular secondary markets for investors.