Appreciation rates are better than most areas of the country as well for 2018.I would go after condos in vegas because financing is limited currently but expected to loosen by year end which will increase buyer pool and values.I see HOA fees as money down the drain. 

They give you unlimited access to their database of phone numbers and emails for a flat fee (~$1k per year).

@Cheree Hill I think it will have to be a JE because it is going to be hitting both the income statement (the fees) and the balance sheet (the asset and any liabilities that may be added).

I have a lease break fee written into my leases as well.

Dump fees are based on weight , thats a lot of weight .

I'd continue to read the amazing content here on BP but also recommend to attend local REIA's to meet investors; they typically waive the entrance fee your first time around.

On further looking into the details, I found out that he has also not paid any association fees since last few months and now this months water bill is due as well.What should I do at this time to take control this situation to get worse and reduce my loss ?

Sale $450,000 Real Estate Agent Fees $27,000 Principal $317,000 Closing $2,500 Cash Out $103,500 Cap Gains ???

Fees are very different.

Do I respond to the lawyer with anything other than she will be charged a late fee?