Ordinarily I would agree, but you have to account for the fact that the tenant saved the landlord a boatload of money by mitigating the leaking roof before it caused serious interior damage.Also, when I hear of rat infestations, I think of landlords not doing a lot of regular maintenance and housekeeping of common areas.Precedent for the remainder of the lease under a course of dealing theory?

Property needed some TLC as it had some termite damage and active infestation at time of move in, got quotes from contractors to replace some studs but all quotes came in too high so ended up doing most of the work on the home myself which meant the home sat vacant until January 2025 at which point i placed on rental sites but still waiting for vacancy to be filled.

Too many times pictures of the property do not tell the entire story - from foundation issues or rat infestation inside the walls, if a wholesaler will not at least let you walk it and wants to make the EM hard, those are red flags you can not ignore.

I’ve quickly begun to realize that the SDIRA waters are pretty shark-infested.

For more information, contact the Philadelphia Commission on Human Relations or the Fair Housing Commission.Bed bug control responsibilitiesLandlords must develop and follow a bed bug control plan to prevent and control bed bug infestations.You must give tenants:An informational notice from the City of Philadelphia about bed bugs and landlord/tenant responsibilities.A written description of bed bug infestation and remediation in the rental unit within the preceding 120 days and of any ongoing remediation.Within ten business days of receiving a written complaint about bed bugs in a rental unit, you must hire professional pest control services to investigate the complaint and begin remediation if an infestation is found.Remediation services must continue until there is no longer evidence of bed bugs in the unit.

But I heard it's nasty and dirty and roach infested.

CA, in total continues to lose 100k's of population and continues to add onerous legislation, including the state rent cap they passed a few years ago (doesn't apply to sfr's though).I am not sure why anyone would want to jump in the deep shark infested waters right before feeding time, unless you have a clear proven strategy, or a very long time horizon.

Bottomline, it's shark infested waters out there!

Investment Info:

Industrial commercial investment investment.

Purchase price: $110,000

Cash invested: $2,000,000

399 Helmericks Ave includes 3 warehouse/shops totaling 60,000 sq.ft. and office space ...

Here are a few lessons I learned during the renovation, many of which stemmed from the age of the house and unexpected hidden damages:1.Damaged Plumbing: Several plumbing pipes were ruptured or severely damaged, requiring replacement.2.Termite Infestation: I discovered termites, which led to additional costs for treatment and repairs.3.Rotted Wood: Significant sections of wood in the structure were rotted and had to be replaced.4.Lack of Insulation: There was no insulation in the att Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?