pumping a tank should always be on the shoulders of landlord / property management and priced in with the cost of rent also you should make a note that tenants are NOT to use bleach and or antibacterial soaps as these products will kill the bacteria in the tank and cause a lot of problems down the road also it is a good idea to add  a bacteria of some sort to keep it working properly you can buy the over the counter stuff or just add some yeast mixed with water once a year or so I use bakers yeast every three to four years  

And that's because we were conservative with leverage and never bought at the top of a market.3 - Maintain a *lot* of liquidity in other investments so we can feed the properties if necessary, and like you said pay off the notes if refinancing is not available.4 - Never bite off more than we can chew.

If you are offering a good product at market rates there will be no issues finding quality tenants.  

The property value, as I understand it, however, is determined by it's income production.

Okay, I guess one of the questions I have is can you combine a heloc and a traditional mortgage, or is there a different type of product for this? 

Well of course it is, they are offering a product you can't find many places so you are going to have to pay a little more for it.

You can deduct those expenses using Schedule E of the form 1040.Best of Luck on your Real Estate Investing! 

You’d have to fit suitability requirements but once it liquidates, you can take the funds and do another 1031 back into a property that you can actively manage.

Change out lights with low-e permanent LEDs, and make sure you have good furnaces so they don't use space heaters, and you will be fairly safe.

Then detail charges on the security deposit reconciliation for rekeying the unit and for the cost of the cleanout.CRLTO 5-12-130 Landlord Remedies:(e)Abandonment.