You’ve arrived at the perfect place if you’re seeking local insights and connections.

Really valuable over the years have been: pest control is a tenant responsibility, lawn and leaves with a penalty fee if not done, unpaid utilities equal unpaid rents (this is HUGE!) 

Always seek the advice of qualified landlord-tenant attorneys in your local area when trying to proceed using "do-it-yourself" methods, because of the legal complexities involved, doing so can potentially create significant exposure for landlords.

As for the penalty-what does your lease say? 

New investor. I only have a few single family long term rentals so this is a little out of my purview. I want to scale and this opportunity came up. I am currently doing some property maintenance and repairs on a priv...

I own a home - my primary residence- in Seattle and plan on developing the back portion into couple/several units.  I will be able to subdivide the lot - back units will be condominiumized.   I will either sell all th...

Good afternoon all.  I'm a newbie in process of searching for my 1st investment property in Toledo, OH with my realestate agent.  I am an out of state investor so I will need to hire a great property management agency...

People generally leave when they want to leave and the only advantage with a year is you can collect a penalty if they break the lease. 

I am sure your construction costs are lower in Little Rock Arkansas than in Philadelphia which explains why you can build at the cost basis mentioned in your post but unless the property is located in an irreplicable location I would urge investors looking to build ground up to seek better margins than building to 87% of the completed value.

I wouldn't join if that's the only thing you are seeking from the group.