A CPA would be able to look at the situation and make a determination.

That determines 90 percent of the play here.Here’s the step-by-step framework I use when evaluating these in-between parcels:1.

Despite these concerns, I’m determined to take action and start making deals as soon as possible.

You need to do an inspection before they leave and after they leave to determine if you can charge them for damages.Problem #2: Who is responsible for rent if 2 move out.Problem #3: Who is responsible for damages if 2 move out?

It’s funny — we spend so much time hunting for deals, analyzing cap rates, and negotiating offers…but the part that actually determines how much wealth we keep often gets ignored.I’m talking about the business side of investing — how you manage your numbers, track your expenses, and plan for taxes before tax season hits.I’ve worked with investors who made six figures flipping or holding rentals — and still ended up frustrated because their cash flow disappeared into poor bookkeeping, messy structures, or missed deductions.The ones who grow fastest?

Now we're seeing investors pouring money into buying Class C rentals - but, many are getting burned.In our experience & opinion, the main determinant of property Class is not location or even property condition, those are #2 and #3.

So we work backwards from there to determine the price you could pay (which is also largely dependent on the loan type and terms). 

Figure out what your starting capital will be, either stemming from doing a HELOC or maybe a cash out refinance, then determining what your end goal (e.g.

But right now your biggest question will be determining eligibility to purchase the next one. 

But let your insurance guy determine how he wants to handle it.