I was sued and lost a judgement for $25,000.  

page=1#p1542150In short, the 2nd year has gone *much* smoother than the first year. 2015 started out with a bang, as we had 3 units turn over in the first 3 1/2 months, all un-renovated units that needed to be completely updated, but since then we've had only one turnover and no lost rent.

Most tenants are a car repair or lost job away from not being able to pay their rentThe OP has an applicant that has provided proof of funds and only signed a lease for 16 months. 

After the crash, both of my parents had lost their jobs within months of each other.

I put offers in on several homes over the past couple of months and lost out to cash buyers who have offered more than offering price and more than I think it is worth.

My problem is that if I sell the places I want to sell, I really won't increase cash flow enough to compensate for my lost appreciation and owner's equity gain as those mortgages pay down. 

If this was 2007, I would have lost my shorts on this deal.

Springfield is a great place also...Joplin has rebuilt most of what was lost in the 2011 tornado and is still going strong.  

$5k is not much of a cushion to pay for foreclosure expenses, not to mention lost interest and the aggravation.Would appreciate any ideas!!

You can get lost here lol.