Account Closed  Exactly as Greg posted above, getting a judgment would prob be the easy part, collecting on it, almost impossible unfortunately.

While that may be true, take into account the total cost to refinance because it's not just rates that have to drop to make it make sense. 

You also have to take into account the local / state landlord laws...especially the ones coming down the pike in CA's November ballot --> "Justice for Renters Act" Not sure if it'll effect STR or MTR but as a general rule of thumb, I don't run numbers on best case scenario.

Tampa, near the Base for 30 years and all my Tenants were Minimum Wage Slaves, without a Bank account, who could not pay the Rent if anything went wrong.

Appfolio has an option for the daily late fee charge, but they do require a minimum of 50 units to use the software.I would check to see if Buildium offers this option.

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Hey @Lonnie Perez, if you're considering between other states I would check out Cleveland, OH.A ton of fix and flips and STR/MTR opportunities near the major hospitals and clinics.

But I call my clients a few weeks after closing and check in with them if they have questions, need a contractor etc