There are many that seek to get on our list to receive the deals so yes it is true that hundreds of investors may get the property.

It sounds as though you're not very experienced in dealing with difficult tenants, so I recommend you consult an attorney about seeking an eviction and judgment for unpaid moneys.

inHello. This is my first BP post! Thanks for reading. I'm a rookie investor who already owns a lot in Berkeley, CA where I aim to add 3 units (3,500 sf total). My goal is to force the equity appreciation as I build a...

Hello, Reading the forums have been very insightful and wanted to seek some help.1) I currently have a LLC-S corp for my regular business. 

Hold the funds in the account and apply them one month at a time as rent charges are posted.If you are accepting X months of rent in advance, you should have a written lease agreement for that amount of time and I recommend some financial penalty if they elect to leave early.

So it makes sense to take the depreciation.You may want to seek the advice of a chartered accountant in Canada and a CPA in the US to make sure you are taking advantage of all of the benefits available to you.

I'm under contract for a place in St. Petersburg, FL and need an inspection and appraisal services within a 10 day window. Thanks in advance for any trusted referrals!  

Is that possible to do when seeking a loan?

I see a lot of people seeking to be "debt free".

I was willing to seek conventional financing, however I asked the question, "would you be willing to finance it for me, aka act as the bank," since they owned the home free and clear, they were willing.