Generally when a tenant damages his or her unit the owners property insurance generally pays the initial cost of the damage.

I've called through at least a dozen banks and credit unions - and so far PenFed is the only place I've found, but their rates for non-owner-occupied are significantly higher.

Records show it is owner occupied but who knows there could be a tenant there...I hope to have a cash for keys deal done but want to get started on judicial evictions ASAP in case it doesn't work out.

The best way to generate leads is to actually contact the owners of multi family homes.

I would say take a few breaths and smile since your about to become a property owner in a great part of San Diego.

if it has 15bd already, means the previous owner is probably renting it out to college students as well, why is he letting this go?

Or should I just list it myself "for sale by owner" on free sites?

Secondly, I pay taxes on my W2 income, then I invest in real estate and I pay property taxes (non owner occupied is higher in my state).

The owner is dead.

BUT I was also told that given the fact that both of the police officers to whom I had spoke knew of the previous owner and the company they kept (small town), that there is a "good chance" meth was used in the home.What do I do with this information?