We could have saved some money starting to clean up the property if we had only checked in with the neighbors first.

I take a percent off of total top line (including cleaning fees) that is 5-10% less than what a local "hands on" operator would charge.

It's a lease, not one of those clean energy assessment lien crap things.

But with 40 ft lots, that same space could accommodate 179 homes.By increasing density in this way, we can deliver homes that are more affordable, while still meeting the needs of families who want single-family homes with their own yards.Higher density doesn't have to come at the cost of quality or livability.Much respect and love what you're doing at BP.

But as you said, it takes a quality renovation team, quality property management, and quality business partners.

The places are kept clean and In perfect condition.  

New 200 amp circuit panel, Culligan water softner, new washer/dryer, and a deep clean Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

these tenant friendly laws seldom matter because the vacancy is so low the tenants want to stay in their units and realize an eviction will make it challenging to ever find a quality rental in this market.  

Also, consider this copy & paste advice below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Tons of deferred maintenance and a lot of work to do to clean up this mess.