Hi John - We do have one property that will not be profitable or just about break even in 2024 due to all the unforeseen maintenance items:  pool heater, roof, pool fence, handy man over a dozen times, remodeling took 3 months instead of 3 weeks, etc. 

Total renovation roof to basement. 100% occupied section 8 rentals from two local agencies.

I am going to go and try and look at it tomorrow, peek in the windows, look at the roof. 

First off, they shouldn't have been Replacing a roof if there's a good chance of storms coming through that day! 

I've seen a few clients get screwed when they acquired properties and State Farm had issues with their roofs (the roofs were fine!!). 

Here in Florida, all the roofs replaced and car windshields have driven up pricing also.The only way it does go down is if we get more providers.

There are many buildings with systems reaching the end of their life - Galvanized hot water risers, leaking vent stacks, aging window systems, outdated elevator and fire safety equipment.

Anyone can use anyone's SSN to apply for anything. 2.9 billion records, including Social Security numbers, stolen in data hack: What to knowhttps://www.usatoday.com/story/tech/2024/08/15/social-securi...A hacker known as "Fenice" leaked the most complete version of the data for free on a forum in August, Bleeping Computer reported. 

The fact that being too irresponsible to pay for the roof over your own head is considered a protected class, is in itself, an example of the govt being out of control.

I had a roof leak a few weeks back at my property.