I actually learned a lot plumbing by dealing with problem like these regularly.

;)Account Closed , do you see the same kind of regularity with unemployment as you do with HAI?

Depends on how much you're renting it for.I'm planning on ductless a/c for my Baltimore rehab rental because the place is so friggin small (it's a tiny house) there is no room for a regular hvac system.

I use an S Corp. it keeps my properties separate from my personal expenses and I can write off my business expenses to offset my income from my regular job.

@Bob Malecki  I totally get that sentiment to spread your money over NPN  and you NEED too as they are NPN IE they don't pay with any regularity and its not if its when do they default again.where as my notes pay 97% of the time.. so single note single investor works just fine..

I have a co-worker in my day job that makes that drive, and she complains about it all the time and is late for meetings on a regular basis due to wrecks.  

you could go either way. thats a significant amount of money she owes you and you shouldn't let her go on it. with that kind of track record, i don't see a judge not holding her responsible for what she owes you and giving you a judgement to collect. therein lies the problem. collecting. these people usually never pay that judgement. if she has a regular job, sure, you could garnish her wages, but then if she files bankruptcy, you are out anyway. if you do get to collect from her pay, that can take a while and then she may move on to a different job and you have to look for her again. lots of troubles collecting. then again, you could walk away and just let it be a lesson to you. sure, and expensive lesson, but then again education isn't usually cheap anyway. less negativity in your life breeds more positive in your life. its a tough call, personally, i could go either way. i had a similar deal a year ago. tenant left owing me $3000. he has a job, but i would imagine half of the world is standing in line waiting for their money from him too, so i just let it go. i have a tenant in that house now that has never been more than 2 days late in the year that she has been there and i am getting $175 more per month from her than i was from him anyway. good luck to you

Right now regular multifamily is way overheated in many markets.

I have saved quite a bit of money and won’t need to work a regular job for the next year at least.

Purchasing through DLBA also takes longer than a regular transaction.