Nevada's Taxes: - Nevada's property taxes DO NOT reassess on the sale. - No state income tax. 3.

The state forecloses when taxes are delinquent for the most part. 

In addition, from an accounting perspective there is no return until negative position has been recovered regardless if you sell or refi.If Piti is $4800 and rent is $4k to $5k, you would bleed negative cash flow.  

Seek for homes where property management may be optimized or where renovations and enhancements might raise rental income.Long-Term View: Although cash flow could be difficult initially, take into account Silicon Valley real estate's potential for long-term value.

Hi Rob, our website is www.sesemirealty.com  she's still getting her most recent jobs up (and her BP account!)

@Daniel King as long as you give tenants payment options, they can "pick their poison".Most free software for owners, make their money by charging tenants.We've designed our charges to encourage online payments and discourage mailed payments.FYI: not sure you can legally NOT accept cash, but you CAN require them to only deposit into your bank account instead of giving it to you.

For some others, its too much and they hire property managers, tax preparers, etc.Hope that helps.

The only downside is it takes roughly 5 days from the tenant withdrawal until it hits my bank account.

My total cost after insurance, taxes, etc is $2278.How did you find this deal and how did you negotiate it?

The property is currently in an LLC that is a disregarded entity that flows to another LLC taxed as S-Corp.