Hey BP Community, Recently when I have been observing others analyze multifamily deals I keep seeing these two terms Market Rent Discount that they are withholding as another reserve account for the property, along with another reserve titled "bad debt". 

In other words, defects that are not easily observable with careful inspection.

We set a time to arrive with the officer and have paperwork to serve the tenant; (everything you go over in front of the officer) Here in Texas they can do nothing other than observe but they do have to write a report for their department which is a great tool when you sue the tenant for damages or eviction.Good Luck keep records of every text, email at this point do not speak in person with the tenant unless you have protection and witness. 

I am not sure what the code requires here for housing, but the only post framed houses I have observed were built in the country.

Lets you observe potentially troublesome situations.

I do not live in Ca, just a casual observer.  

Without an observed increase in vacancies or in non-paying/slow-paying tenants it would be difficult to negotiate a reduction in price based on an abstraction. 

Most big time drug dealers have a lot of people coming and going at all times day and night so that's a pretty easy task to observe. 

That's just my personal observation, not sure if other people on here with more experience have a different point of view.

My tenants of 3+ br stay 4+ years on average, but if it is .e.g 4 units of mixed of 1br and 2br multi-family, you mange 4 families instead of 1, and turnover rate of each unit is less than 1 year according to my observations on my neighbor.