Otherwise, I will call on Monday.My husband brought up an interesting question: does anyone know how often the banks will payoff the taxes (say in a 3rd year situation) to avoid a lien holder from foreclosing?

That's because we filed immediately, the tenant did not respond to anything, and my contractor picked up paperwork from the court the day it was signed and brought it right to the sheriff's office.

I actually brought some up.  

The daughter of the 82 year old just brought me the original of the Bargain and Sale Deed.

I can tell you it's in the Kihei Kai Nani complex right across the street from Kamaole II Beach in Kihei.Last year was our first full year and we brought in just over $30,000 in rent and this year we are scheduled to be just at $32,000.

The forums are what I stumbled upon in 2011 and brought me here. 

They both complimented each other and brought something different to the table.

As Ben brought up, the flexibility of interest only with option to paydown is a huge bonus factor to consider (and an ideal financing situation in my mind so long as the interest isn’t too much higher).Notes & Assumptions: Assumes no appreciation over the 5 years & CAP rate stays constant throughout.† Final value defined as = [Down Payment] + [total cashflow] + [principal paydown]*The ROR formula breaks down when you have negative cashflow since you can't pay the negative delta along the way with the equity you only realize after selling (or refinancing).

A contact off of our DM campaign brought us a package deal that was almost buy one get one free on a turnkey property.

I don't recall if they were prohibited or not.My contractor brought the paperwork right to the sheriff's office in Fort Lauderdale for the Writ, to avoid any inter-office mail delay.