They have no idea how to manage their business which is why tenant turn over is so scarry.Reality is that turnovers are a inevitable part of the business and a quality PM can do it quickly and efficiently placing quality tenants.A good PM stays in contact with their landlords, keeps them updated regularly and manages the property as they would their own property.

I have another multi with some flat roofing that continues to leak after repairs so need to strip & add elevation for efficient drainage probably $2k if we do it ourselves.The $25k price may be close to break even (ARV $110-120k) if the complete rehab goes way higher than the $70k & they ALWAYS do.

The courts will protect the owner before you - the tax lien holder.You might be able to contact them about buying the property if they list the property for sale before the redemption period is up.

However, it is hard to determine which are the affected by looking at the gross numbers provided by the news sources.If you only looked at the unemployment rate and number of foreclosures in Las Vegas during the 2008 through 2014 period, you would expect all Las Vegas investors took a terrible beating.

Typically a HELOC has a draw period of 10 years at interest only payments, keeping the monthly payment low then any remaining balance after the 10 years will be amitorized over 20 years. 

Is there a good authority website that allows you to properly estimate appreciation over say, a 5 year period in a specific zip code? 

But how do you convince investors that their best move is a locked in time period of X years? 

If someone could please point me to some insight on what would make a good or bad deal based on amortization periods I would appreciate it thank you.

I am going to self manage & I have a couple other quick questions :I would like to set up for my tenants to only be able to pay their rent online, which website do you recommend for easy of use, efficiency for tax reporting & is the best for the cost of use? 

The 10 year balloon nets $6240 less interest over the 10 year period.