There appears to be an outstanding mortgage on the property.

There will always be people on the edge or skirting the law, just like the crazy drivers that blow past you on the highway doing 100+ mph. i think the overall safety is better than you give credit to.

Whether you're a beginner seeking guidance or a seasoned pro willing to share your wisdom, this is the perfect platform to engage with like-minded individuals.Let's discuss what sets the Outer Banks apart as a premier vacation destination, the key factors that contribute to the quality of vacation home rentals, and how to identify those hidden gems that deliver exceptional guest experiences and solid returns on investment.I encourage you to share your personal stories, property recommendations, management tips, and anything else that can help raise awareness of the outstanding vacation rental opportunities in the Outer Banks.

As it turns out, that's the outstanding mortgage.As I mentioned above, I bought my home at an REO auction, ARV of $310K but I got it for around $200K.

I’m putting my outstanding principal balance against my rental property’s current market value.

They are both outstanding REI Clubs and highly recommend you attending both.

For one, is there iny out standing variances or compliance issues with the local city?

Elisha,Welcome to BP the super highway to all your real estate needs.

A recent reassessment resulted in our house being appraised at $84k, which was disappointing, since the outstanding balance on our mortgage is $100k.  

If you have any outstanding debt, start trying to pay that down now.