We are fair housing compliant regarding animals.Our tenants’ safety and the peaceful enjoyment of their home is important to us, so we do a credit/criminal background check on all applicants aged 18+, as well as employment and prior landlord verifications.

If you want safety, pay off the property.

Today you can get funding for a good deal without an issue, so the business model is kind of obsolete.I used to buy BRRRR deals, but over the last years, we switched to buying homes that are in move-in ready condition.

It makes us concerned about the safety of our funds.I can PM you the names and if its a legit response - I can update my view on the forum.

I'd say everything else is the consequence of the 2 points above - the weather and the state of economic affairs influences everything else, including safety, infrastructure, the condition of housing stock, etc.

I have been sitting on sidelines since 2022 after picking up 3 assets that year, but I'm in buy mode this year.

My only concern with renting it out room by room in Philadelphia is my safety as my roommates could be psychopaths.

Its why for all these folks who work with investors in some sort of syndication mode pre emptive REAL communications or reputation management is so critical and it appears many missed that boat and have allowed their companies rep. ( whether deserved or not ) Trashed.   

We have not disabled ours or converted to gas, but Tenant must sign a Fireplace Addendum stating if they use it, we require a higher renter's liability policy with us as additional insured, rules on wood, storage, use, safety, they pay for yearly professional cleaning each year they are there, etc.  

It's so nice to have that safety net.