You can check with your real estate attorney, but I might suggest they pay one month of rent as a penalty and move out now, or maybe let them go without a penalty.

These tend to have higher profit margins as compared to other real estate options and the land comes with the purchase unlike the laundromats I was looking at whose facilities were leased.

What are other rentals near your area offering in terns of finishes on the bathroom?

At this point I had found I was pretty good at finding and managing tenants so I partnered with a real estate broker and started managing for other investors.

Kudos to you for diving into real estate with such enthusiasm!

They are great products when used correctly, but you have to understand the real cost and not just look at the rate.

Keep in mind that the exact amount you can cash out will depend on the lender's guidelines and the loan-to-value (LTV) ratio they are willing to offer.

Not just a real estate investment, but an investment into my marriage.

Around here a lot of landlords offer section 8 tenants $300 cash when they move in with $0 security deposit.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?