It’s gotten me seriously considering bringing an attorney in-house to handle evictions and other legal needs moving forward.I’m evaluating this from two angles:Cost Efficiency: With the expense as high as it is, having in-house counsel could potentially reduce costs over time.

This will then allow me to do a sewer scope if/when the inspector finds a sign of a potential backup.

I do believe if the potential investors asks for an opinion, if you provide your opinion it should be an honest opinion and not necessarily what will achieve the commission.

Home includes 2 lots so potential of building other home next to it someday.

And my goal of trying it out would just to get familiar so I could potentially buy in a much better market. 

My approach is conservative and focused on finding properties that meet specific criteria to ensure solid returns.If you’re interested in multifamily investing and would like to explore potential partnership opportunities, feel free to reach out!

A complete renovation What was the outcome?

Plan for a smooth transition: Respect the notice period and prepare for any potential disputes.

To qualify for active treatment and unlock potential tax savings, you must meet the material participation rules outlined by the IRS.

Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.