Lots of tasks to keep track of, and easy to forget - if you are renovating, think of all you can do to make the house guest friendly, like having the pipes on an INSIDE wall not an outside wall to prevent frozen pipes which can be a nightmare.

When I emailed management and the board, the president explained that there are already a bunch of vans in the neighborhood so they're not going to take on the risk of preventing someone from having one.

I'm considering purchasing a 5-plex in Blue Springs, MO (a very nice neighborhood near KC Metro) because the neighborhood and deal look great, but I still have quite a bit of concerns that are preventing me from making the leap.

You must have a full time staff assigned to late collections.I am obviously small time but for me it is far more cost effective to prevent late payments, through strict training practices, than to have to process them.

And it helps prevent those unwanted 2am lock out calls.

I'm uncertain if using an excerpt and linking back to the article or even proper MLA/APA citation would prevent a copyright lawsuit (god forbid).

The condition of the property is good considering it was built in 2006 and its been more preventative maintenance than repairs.Rental 2: 4-plex (each unit 2/1 approx 830 sq ft) - Battle Creek, MIIn 2014, I jumped into the deep end to bought a multifamily property.

Long-term lenders (other than banks) will most likely want partnership equity equal to their investment, just because if you lose interest in real estate or god forbid something happens to you in 5 years that prevents you from being able to keep up with the property, They will want to be able to step in and protect their investment.Just a couple of things I would want to know... but, like i said...

This would prevent that I think- This seems like a cart before the horse situation.

Sounds like a lot initially just to basically be "on call" and do light-to-moderate repair work and preventive maintenance.