Landlord shall have expectation that the Premises is in a safe and habitable condition upon entry.

Hey @Arthur Banks - Although this obviously depends on a lot of factors, here's what I use: Purchase closing costs: $5000Income Increase: 2%Property Value Increase 2%Expenses Increase 2%- However, you may want to run those last 3 even more conservatively, maybe at 1% or 0% - just to be safe.

Though that's quite a few deals missed out, there is some truth to "better safe than sorry".

Its true it can be a head ache but I find always stepping back and learning from bad situations, being open to taking the advice from others and always having an open mind with learning new things only get easier.I am a person that sees a solution or has a goal and I get hyper focus and don't like to waste time.

Every contractor, including painters, who works in the state is supposed to take a class and become a "lead safe renovator".

Call up code enforcement and ask them about these violations (if they are known to them), then perhaps hire a specialized inspector to just go in and give you a specific report on all these violations - nature, solution, estimates...with pictures.

Google search Regus Office Solutions and I think this is what you are talking about.

When the government gets to involve everything will get screwed up just look at the SAFE act, OFAC act, and the DF act.Joe Gore

They have NO interest in doing rehab, being a landlord, or even just managing a rehab with no hands-on experience.For example, one potential private lender I just met with this weekend, a good friend of 20+ years, keeps about 25% of his portfolio in 'safe things' which in his mind are money markets, CDs, certain bonds, etc....

@Joseph Furmansky , I have done several of these deals and am considering more, so let me explain my thoughts so you have an idea what other investors might think.First if they take their money and invest in bonds or notes or even the stock market, they are going to make a certain income, a 4% tax free municipal bond is pretty safe and has great tax advantages.Second they want their money back and a profit before they share their money.Third the more risk they take the more return they want.