Normally, when you sell a property and keep a pre-existing loan, it is called a Wrap.

Not counting preexisting ground and storage setup.  

Losing their security deposit due to pre-existing damages.This is a critical lesson for both new and experienced landlords.

Anything that you find pre-existing, at least in our market, is definitely going to require a lot of work so just keep that in mind.

This can be a pre-existing relationship or a newly established relationship.

So is there any disadvantages you see to using a property manager for student rentals.Please advise - Thanks - Benny1.One of the many reasons I use 1 lease is that all of the kids that come to me show up as pre-existing friends.

Additionally, many claims are denied due to fine-print exclusions such as pre-existing conditions, lack of maintenance, or normal wear and tear, leaving you responsible for partial or full repair costs.The service fees and premiums associated with these warranties can quickly add up, often costing more than if you were to set aside the money yourself.

While most policies do not cover pre-existing conditions, they may offer some guidance or support in terms of potential coverage or next steps.Addressing these issues promptly can help prevent further damage to your property and safeguard your investment.

Buy the pre-existing where the discounts are significant.

The cost of construction is also very high in the area right now, so it is basically always cheaper to buy a pre-existing home (even if it isn't that old) than to build a new one. 4.