In those cases even strong homes still perform, but the margin for error gets thinner and mediocre inventory gets punished fast.So for us it’s less about replacing good execution and more about avoiding markets where the odds are quietly shifting against you before it shows up in the rankings.

I highly recommend you secure any property that is not occupied if it is awaiting a tenant or under rehab as it is all too common for theft or squatter situations to occur.

Clear house rules matterSpell out shared-space rules very clearly:– Quiet hours– Guests– Parking– Cleaning expectations– Utilities and internet– Damage responsibility in common areasAmbiguity in shared housing causes more issues than rent.5.

@Zack WhitingThis is a common issue with infill lots in older neighborhoods, the biggest risk is overbuilding relative to what the area supports.

Common trends in our reviews are that the area feels unsafe and shady (I actually had someone break in during our rehab and set off some firecrackers in the home, almost starting a fire!)

A common approach is to set aside estimated taxes at the LLC level when the deal closes, then distribute the remainder, with final true-ups at tax time.

I follow your reasoning and the tenant MAY have been caused by a tenant error, but the tenant isn't expected to have any special knowledge about how things work.

Unfortunately this is common, but it's also a red flag. 

Duplexes are extremely common here so potential for cash flow is higher.

Buyer is responsible for the common area lawn & snow removal.2. traditional financing, $550k.