I don't even understand how this was even legally done, clearly the attorney dropped the ball but I was out the money. 5) I had another HOA property issue where the sale date didn't happen for about 6 months until after the judgement as it was prolonged for various reasons and I was stuck paying the back HOA fees.6) Vacant properties can be trashed more then you can imagine.

Although well intended, this just prolongs the whole process for no good reason.

Paying off a property, if you get that far, and I hope you do, allows for many future options including taking a portion off to buy more property and somewhat acting as the bank yourself, or you can simply enjoy the extra cash flow in the meantime that comes in while the market is hot and positioned for a massive meltdown which is kind of looking like might happen with the prolonged economic shut down.

This belief prolongs the search for a "secret" and makes people suscesptible to scammers.

It's a good investment, as it will prolong the lifespan of water heater, some appliances (dishwasher, washing machine) and fixtures like faucets and maybe toilets.A. is ridiculous, as hard water is clean water.

And even then it is something to closely monitor - even with good tenants one prolonged vacancy will put you into a deficit.

Never again.For the last 15 years we have really been living in a prolonged recovery period, IMO.

Even for window AC's, pulling them out and thoroughly washing them at least annually will prolong their life, unless you are buying the very cheapest units.

Tenants used every excuse in the book to prolong.

Completely shutting off utilities for a prolonged period of time can damage the property since it will not be climate controlled for that period which can lead to moisture damage, mold, and other costly repairs if it goes on long enough.