What kind of financing terms were you looking at for the remainder?

@Lindsey Mannix - the agent report was left pretty wide open in terms of comps in the area.

We're in it for the long haul and hope to build generational wealth and financial freedom for our family through real estate. 

This would be our first rental and I think it could be a good opportunity long-term, but it feels like there’s some red flags here.

There are so many investors and wholesalers hustling here that these don't last long.

It is slightly under rented for the area just slowly trying to raise on long term tenants.

Their city government website has information on short-term rentals and how to register for rental licenses/permits.  

You want an accountant who can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck.absolutely, yes. we feel confident about filing, but absolutely ignorant to long term tax strategy! 

I've done everything in residential real estate (wholesale, rehab, normal rentals, short-term vacation rentals, turnkey, property management, private lending). 

I'd go through with the court date to get permission to remove his belongings and get it in writing how long you have to store them.