If there is an outstanding balance when we sell the quad, would that just be rectified by the title company? 

My PM says once the property is re-leased, they will send the evicted tenant's outstanding balance to a collection agency, but the chances of getting that money back seem slim.What have other landlord's / PM's done to get some of their money back after an eviction?

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Margins would be so tight and competition would be so damn high.

That being said, try to pay your balance off in full every month.2) Number of open accounts can hurt you, but can also help you if; 1) you maintain a zero balance, and 2) you have "time in credit" aka it's been open for a while (years).3) Late student loan payments, exceeding 60 days are bad, exceeding 120 days are crap...4) Outstanding balances, judgements, etc... try not to have thoseBut most importantly, you need TIME.

Mortgage professional for over 20 years and leads a team of mortgage advisors focused on helping real estate investors succeedSince Q3 of 2025, Jeff has:*Featured on the BiggerPockets Podcast RE Episodes 1163, 943 & 939 and BiggerPockets Rookie Show Episodes 588 & 409*Closed 37 deals, with 40% of his business coming from BiggerPockets investor leads*Converted 19% of his BP leads an outstanding track recordIn this exclusive session, Jeff will reveal the day-to-day habits that drive consistent deal flow.Agenda-How to build a strong brand as a loan officer in a competitive market-Jeff's systems for lead management and client follow-up-How to overcome objections and turn skeptical leads into loyal clients-Real examples of what's working in today’s lending environment-LIVE Q&A: your questions answered in real-timeTotally Free to join!

The principal and interest mix/percentages of a payment are based on only three variables - the interest rate, the outstanding balance, and the amount of the monthly payment.

Damned if we do, damned if we don't.So the real question becomes:Will sellers finally blink and bring prices down, or will we stay stuck in this standoff?

The key lesson: detailed planning and execution are essential when tackling bigger projects, and with the right team, the results can be outstanding.

If there is an outstanding balance when we sell the quad, would that just be rectified by the title company?