He was money sensitive so I think we could have had more prompt service if he was going to lose money from passing deadlines.

"§ 214 (C) THE TENANT IS COMMITTING_OR PERMITTING A NUISANCE IN SUCH HOUSING ACCOMMODATION, OR IS MALICIOUSLY OR BY REASON OF NEGLIGENCE DAMAGING THE HOUSING ACCOMMODATION; OR THE TENANT'S CONDUCT IS SUCH AS TO INTERFERE WITH THE COMFORT OF THE LANDLORD OR OTHER TENANTS OR OCCUPANTS OF THE SAME OR ADJACENT BUILDINGS OR STRUCTURES;"  So if your property is losing value because of the tenant you can evict

Once you’ve managed your own, it would be hard to lose the additional income you can make by doing it all yourself.However for where I’m at with juggling several other jobs, it frees me up to do what I enjoy.  

But if you're losing money each month, how long can you do that while you wait for the market.

Do I lose my earnest money?

One thing to note when looking at the individual markets, you can make or lose money in any market.

With this property, you are losing over $300 a month, every month, for as long as you own it. 

There are A LOT OF TRAPS along the way that can/will make the deal fall through (and cause you to lose your earnest money).

I was going to end it certainly after that .. because I am losing cash every month.

Under the land contract, which can be recorded by the way, we have equitable interest in the property.If he gets sued and the plaintiff wins, 2-3 things can prevent us losing the property:1.