This morning, I offered a lease to a family.

I had insurance with progressive on my three Connecticut rental properties (2 multifamily and one single family).

However, the smell of marijuana is strong and consistently seeps into my unit, making it difficult for my family to use our living space.

@Paul McEvoyHey Paul, I see what you mean about the NJ Shore market being super tight on cash flow and rising taxes, it sounds like your properties would sell quickly given the demand and values, a couple options to consider are either selling and taking that equity to invest in markets with better cash flow or using creative strategies like 1031 exchanges to pivot into multi-family or single-family deals in the Midwest where you can get off-market undervalued cash-flowing deals, it could turn that high equity into steady income without the headaches of low yield and rising taxes

It wasn’t until 20 years later decent REIT investments emerged. 

It’s a distressed single-family with redevelopment potential.

I dug a bit deeper and found the house was owned by a family for over 50 years.

Black families attempting to buy in A or B neighborhoods faced near-total exclusion" how did this thread turn into a black ownership in America thread. 

Few to add - Do they have emergency lines 24/7 in place, how do they confirm and make sure tenants maintain liability insurance, professional pictures and video for marketing? 

In many Midwestern markets, you can still find single-family homes or small multifamily under $200K that cash flow well, and with the right screening and management, co‑living or multi‑tenant strategies can work nicely.