Sealing the basement floor might help   (something that soaks into concrete then hardens,   as oppposed to a paint which sits on surface and flakes off)  then clean the carpets,  there may have been dirty spots providing nutrients to the mold.Add a basement ventilation fan that runs on a timer or continously to keep humidity down.   

This is a minimal effect work on improving your income limit (available credit) and utilization.

While the risk technically exists, the practical reality is that enforcement tends to be minimal, particularly when properties are well-managed and maintain a low profile within their neighborhoods.Across most major counties—Clayton, Fulton (including City of Atlanta), Cobb, Gwinnett, and DeKalb—rent-by-the-room typically falls under a “rooming” or “boarding house” classification, which is not permitted in single-family zones.

-Focused on long-stay corporate guests to minimize wear and tear.Scaling isn’t about buying more — it’s about systemizing what already works.Anyone else here growing through arbitrage or partnerships?

Currently I'm renting to friends so the stress and risk of non payment is minimal.... wondering if any NYC investors could share their strategies to mitigate these risks.

Some tasks, like leasing, require more upfront time, while others, like rent collection, are ongoing but minimal if everything runs smoothly.

Don’t get distracted by future appreciation too early.Keep a close eye on cap rate vs. cash-on-cash return — a solid unit-level cash-on-cash is usually more important than a high overall cap rate for small multifamily.Plan for management early — even with just 2–4 units, clear systems for maintenance, tenant screening, and rent collection make a big difference.Consider creative financing if your DTI is still high; there are ways to structure deals that minimize personal cash outlay while keeping cash flow positive.

Mainly turn keys that are already rented or minimal upgrades to make rent ready.At the moment I’m working towards a 20% down payment rate as I am not able to do house hacking at the moment.

The corporate housing model used to be gold — long stays, predictable pay, and minimal turnover.

But I’m cautious as I read about recent post on biggerpockets about sponsors underperforming, asking for capital calls and losing investor capital.What I want to learn is how to minimize my risk and avoid placing my money with sponsors who are more likely to lose my money.