rental property inspections

[Mitchel Ellis]

Looking at a property in University Heights, Cleveland Ohio and it appears that they require a rental inspection every 2 years ($300 for a single family home and $400 for a duplex). Is this a common occurrence in other rental markets? This community also appears to be very particular about it’s POS inspections (ex. weeds must be cleaned up from in between driveway cracks). Does anyone have experience in this community that could shed light on this? Thanks! -Mitch

[Nathan Gesner]

Buying in a heavily regulated area like this can help your property value and attract better tenants...or it can devalue your property and scare away tenants.

Personally, I like to err on the side of freedom and try to avoid heavily regulated markets. One thing I'm sure of: the regulations will increase over time and never decrease.