In MY book, if they are good long term tenants, staying a bit blow market (NOT $1200 though!)

Sam, advising against forming an entity is because of the work involved for them more to the work involved for you and the fact that those advocating entities usually have some motive, as they relate more to business needs than asset protection.

Your 'defense' is trying to be accommodating while attempting to solve your real-life issues.Speak to a Social Service Advocate to see if they might be able to assist in the negotiations and/or any eviction case that might arise.

Since this bust is worse than normal and not nearly over, it could easily take a LOT longer than the normal 8-10 years.I may just be some hillybilly from Ohio that only invests in his own back yard, but at least I understand the basics of the business and I'm not advocating that newbies be "aggressive" and buy properties even though they will not cash flow.

I am 60 years old and I just got done blowing up my 401k to get a 4unit.

Those of us smart enough to use a calculator can determine that the media was just blowing smoke for their own self interests, nothing more.

You may figure out a way to do it once, but if you go back on your word and it blows up in your face your name will be essentially poison in most REI circles.

Rainier blowing, a bomb in the harbor, a socialist city council, Boeing moving out of town, Microsoft moving to somewhere else, Amazon making a major mistake and it all changes pretty quickly.

The seller would get the house back, even after we caught the seller up in arrears, paid closing costs, and put some cash in the seller’s pocket. Why does the seller care if we stop paying? He made $20,000 or $30,000....

Those arguing to just blow em off in 1 form or fashion, lol, well I am blunt and compulsively honest so I will just call it as I see it that they have no clue what there talking about, that's a fast-track to more problems.