Call pest control. 

How big of a player in MBS is the FED?

Most of the reason I got into RE is because I control the asset.

It has been beneficial for me to know the areas, local players and be able to see subtle changes in neighborhood.

True DCR should include all the recurring and predictable expenses you’ll actually pay to keep tenants happy, properties safe, and the city off your back.Here are a few commonly missed or underestimated expensesthat destroy real DCR: 🐜 Termite Bonds & Pest Control: Annual termite protection and monthly pest control are non-negotiable in many climates, especially in the Southeast. ❄️ HVAC Maintenance Contracts: Annual tune-ups and semiannual filter replacements aren’t optional if you want your system to last.

That’s where you can leave money on the table.If your goal is to build long-term wealth and save on taxes, strategies like BRRRR or small multifamily often give you more control.

I just don’t like the lack of control I have in the stock market, buts it’s been out performing my RE by far over the last 10 years. lol Thanks for also sharing your investing experience.

If the property was transferred from an entity they control, that can trigger related-party issues 

They don't control property, you do, so control it like a small business.Be a fair and honest landlord.

I’m staying active but stricter: tighten the buy box to durable B/C neighborhoods, underwrite to in-place income first, and only chase value I can control like better management, lease-ups, and light turns.