They’d been avoiding calls, ignoring letters, and living with this quiet dread that it was all too late.Here’s what struck me: once we walked through what foreclosure actually meant — the process, the timeline, and the possible solutions — their whole mindset changed.

I have been researching and studying for about 5 years but after the global health conflict personal tragedy struck with the unexpected tragic loss of my child having to set things aside.

.: When I hear "trophy property," I think of star-struck investors overpaying for underperforming properties in return for some sort of pride of ownership.

So, we would be able to charge a tenant rent for breaking the lease if they didn't give proper notice and moved out. 23 Carpet Cleaning: we charge a $x Cleaning Fee to avoid Michigan Security Deposit issues regarding, "normal wear & tear". 4 & 17.5: we have similar language in our lease, but eviction fees are legally limited in Michigan:(10: This is too vague for Michigan judges and highly likely to be struck from the lease.20: Would not stand in a Michigan court as, "if it's not in writing, it never happened".Again, this should in no way be construed as any type of legal advice and is our opinion only.

You are more likely to be struck by lightning twice.

I’d like to get feedback from other investors on property management value and what are my better options to manage it remotely as properties are in different states.My current PMs never visits the property and simply dispatches contractors for repairs.

Quote from @Eduardo Cambil: Hey everyone We recently acquired a single-family rental in Decatur, IL through an Agreement for Deed, and now that it’s stabilized and rented, we’re looking to refinance into a DSCR loan.Here are the key numbers:Purchase price: $56,900Current balance: ≈$50,900Market value (conservatively): ≈$75,000Monthly P&I payment: $729Rented for: $1,200/month (Section 8-qualified)DSCR ≈ 1.65Property in great shape — fully rehabbed, turnkeyOur LLC (Wyoming-based, multi-member with EIN) holds the property, and all payments are current and verifiable through escrow.We’re simply trying to find lenders who can refinance small-balance DSCR deals (under $100K) — ideally allowing payoff of the existing land contract and providing a clean title.If you’re a lender, broker, or know someone specializing in this space (Midwest, small-balance DSCR), I’d love to connect and hear your terms.Thanks in advance to anyone who’s done similar deals or can point me in the right direction — happy to share full details privately or through DM.– EduardoC&T Global Solutions LLC (WY) you would be much better off going to a local lender/bank for something of this size.

There are certain expenses that are either fixed costs or simply easier to absorb in more expensive real estate.

Folks are delaying or cancelling travel, simply because of anxiety about getting there and back home on time, and safety concerns. 

Many investors lose opportunities simply because they don’t know what’s available outside traditional banks.