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Cincinnati Section 8: That Cheap Floor Could Be an Asbestos Nightmare
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Cincinnati Section 8: That Cheap Floor Could Be an Asbestos Nightmare
Cincinnati Section 8 investors need to know what they are looking at before tearing into the floors of an older rental property. Suspected asbestos tile can completely change the renovation budget, especially when it is cracked, chipped or already breaking apart. Encapsulating the material beneath a properly installed new floor may be cheaper than full professional abatement, but investors should never blindly demolish suspected asbestos and spread dangerous dust throughout the property. In this video, James Wise explains why environmental hazards, old housing materials and hidden repair costs must be identified before buying a low-cost Section 8 rental, because a cheap property can quickly become an expensive mistake.