People with 680+ credit scores typically don't destroy your buildings and I have never had a eviction or even a late payment notice needed.

I'm just curious as I wont be managing the properties myself, how are they technically managed ? 

Property taxes wont jump because of a rehab, but rather the purchase price and other properties in the area.

Long story short, tenant had some disability issues, got into a program that paid us the rent etc… We got the tenant out and looking to sell the property, however, the property has been absolutely destroyed.

True DCR should include all the recurring and predictable expenses you’ll actually pay to keep tenants happy, properties safe, and the city off your back.Here are a few commonly missed or underestimated expensesthat destroy real DCR: 🐜 Termite Bonds & Pest Control: Annual termite protection and monthly pest control are non-negotiable in many climates, especially in the Southeast. ❄️ HVAC Maintenance Contracts: Annual tune-ups and semiannual filter replacements aren’t optional if you want your system to last.

These can really destroy you returns.  

You wont find this in many other markets..

Quote from @Israel Wolterding: Quote from @Kerry Noble Jr: Its hard some times......like i cant get into American Homes for rent. they wont call me back......you just gotta keep networking and emailing any link that you can find Yes, to my understanding a lot of these folks who do business with hedge funds take a little while to get an in with them.

Quote from @Andrew Born: Unless the property was completely destroyed, you won’t receive the full coverage limit.

Thankfully it only took about a month, but they could have destroyed the house in the process.