convert to the full valuation but I know their is language in the law that states that a non owner occupied property has a max adjustment of 10% per year.

After days of back-and-forth, I finally received a corrected payoff letter on April 24 and wired the full amount on April 30.Now it’s been 23 days since I paid off the loan, and the lien still hasn’t been released.To make it worse, in May, Fay withdrew two additional payments from my account after the payoff.

I do tax liens full time and right now I would say they are a high risk low return asset.

My search is coming along slowly as I have jumping back and forth quite a bit between finding a new full time job, as well as searching for the right first property to purchase.

If you're leaning toward self-managing but need help with tenant screening, leasing, or even full-service management, I highly recommend reaching out to Harrison Chow with Fortune Vine Realty.

It turns into a full-time job fast.Rent reminders — even with good tenants, I still end up sending the awkward "Hey just checking in…" texts more than I’d like.Paper trail chaos — lease docs, receipts, inspection notes… I’ve got stuff in my email, Google Drive, phone photos, hard copies.

I’d love to hear what’s working (or not working) for you.Are you mostly in spreadsheets, or have you switched to a full rental management platform?

Just finished reading Short Term Rental, Long Term Wealth by Avery Carl.My full time job is as a partner in a marketing company focused on banks and I have been in banking one way or another for 25 years.  

Our state is full of incredible state parks that fill up fast every summer, and it’s no surprise.

Quote from @Daniel Kokodoko: Hi BP community,this Brandon, FL (Tampa suburb) deal practically fell on my lap, and I’d love to get a sanity check from experienced investors here — especially around risks I might be overlooking.The propertyZip code: 33510, Brandon, FL Type: 4 bed / 2 bath single-familyCondition: Needs full renovation (roof, windows, flooring, kitchen, bath, electrical, etc.)The numbers:Purchase Price: $100,000 (off-market, cash)Renovation: ~$100,000Total In: $200,000ARV: ~$330,000Refi: $200,000 @ 7% interest-only (after a year)Rent: ~$2,200/mo with 2% annual increase or flatExpenses: ~$8,500/year, growing at 2%    Insurance: ~1900 per year    Property tax: ~3000 per year   Other expenses: ~3600 per yearHold Period: 7 yearsExit Strategy: sell and 1031 Exchange.I'm closing on June 20th, and anticipate renovations to take 2 months or so.