you got some great advice from folks who know the Orlando market really well.i was struck by something you said, though - "resell it in a few years."

What happens when I stop paying the mortgage payment on multiple properties?

Someone handles accounting to record management fees, pay vendors, and pay the client... 

This is after rent appreciation, as well as selling 5 doors and taking some great profits from market appreciation and paying off other properties to lower our debt - which significantly boosted our cash flow.   

Which means I may well have been the only person foolish enough to bid on it, among the billions of people with internet access.On the other hand, the fact that the owner didn't pay taxes since 2018 is not a big red flag.

Just curious what other landlords out there are paying for their CPA every year. 

I gave them $16K down over several payments then recently borrowed $14K from a private lender to pay off the balance.

She is now on the hook for the $1,500 EMD and she should not have to pay this.

Hey fellow SA folks! 

Residents paying down mortgage5.