I, and my contractor, are fairly certain the tenants overloaded it, as a glass broke and cut the drain line, then jammed and broke the agitator arm.It had to be replaced.

I always get a kick out of hearing the guy who makes 45K a year and has 2 small kids and a wife talk about how all those "losers" drain our social system with entitlements and then point out that he qualifies as well!

Then they go out and find a house that they really can't afford yet and they get into trouble trying to pay for the loan.My advice for newbies:-Do your homework (get to know the markets you want to buy in; know what you want to buy and why)-Put a good team of professionals together to work with-Straighten out your finances and get your financing pre-approved before you buy.

The drains were not clogged when the house was rented out so I would think it is automatically the tenants fault.

This special exemption is limited to non-real estate professionals and persons with less than ~$125K income.

You can pay the lowest payment, usually starting around 1%, reason you you would want a product with 1% is because if your renter moves out or leaves you are still able to cover the mortgage payment without draining your personal accounts.

I'll follow up with interested buyers and get them pre-approved, then send them back to you.If you'd like to establish a mutually beneficial professional relationship, feel free to contact me.

Facts about professional OPM…OPM approves loan based on the equity position they have in the property not the borrower’s credit history or income.

ALWAYS, ALWAYS, ALWAYS deal with a deliquent tenant ONLY when you have a court date...delaying filing the proper pay or quit and eviction court paperwork ONLY benefits the tenant.If you want to stay a landlord, get a good L-T attorney - NOT a real estate attorney - and follow what the attorney does and go to each and every court date so that you learn what to do and how to do it....most states are fairly easy and the court paperwork is available online...just learn the ropes so you are not so fearful and don't loose months of rent to a "professional" tenant in the future.

If not, this is a good example why anybody buying real estate should have a professional working for you.