Hey @Dan ErmolovichSorry to hear you’re facing this challenge...evictions are one of the tougher aspects of real estate investing, and being out of state adds to the difficulty.

Right now my biggest challenge is finding a solid deal I can get under contract so I can gain real experience and keep growing.

Engaging foreclosure counsel3.

New York can be a good state for investing, however, it does pose its challenges with state laws requiring disclosures and being a little more tenant friendly.

If you have more than 4 or 5 loans, then you might want to engage a sub-servicer to handle the billing and payments.

We successfully BRRRR’d it, but managing from afar was extremely difficult due to high maintenance needs and tenant challenges—so we sold it and walked away with a decent profit.Since then, I’ve moved to San Francisco (where I purchased a condo), and more recently relocated to Southern California to be closer to family after my son was born.

Feel free to chime in, challenge an idea, or just shoot over your thoughts.

@Shawn Rose In a perfect world tenants would give proper notice and then cooperate with access for evaluation and any subsequent needed repairs, to keep vacancy to a minimum.The challenge is, what's in it for the current tenant?

I'm curious to connect with any other STR/ MTR owners in that area to get more info on resources that are in the area and what challenges/ successes you have had there.  

Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?