You just won’t get the tax-free treatment on the sale. 

A couple times of this treatment and rent is on time or the tenant moves when the contract is up.

For example, if you provide free laundry, prepare for your tenant to do some laundry parties or start a laundry business out of the house.Property managers may also not have the best treatment of the property since they understand the property would be in a lower value area, so I'd prepare for some excuses such as damage/poor screening not being their fault because the tenant pool is not good enough.That being said, you can still make a lot of money in lower value areas.

However, one thing you may want to consider is adding a few circuits as most older homes are sorely lacking in that regard.

It won't get you any special treatment, but we are friends and it will help you break the ice with him faster.Good luck.

I needed 84 hours and 5 liquid treatments to remediate cat piss recently.

Trying to sell my house in a high-end neighborhood, but my neighbor has a broken down 5 plex next-door and it sticks out like a sore thumb in the neighborhood.

The company I worked for only rented to people that had recently completed an in-patient treatment program.

You live there, so re-renting is not an issue as far as time and effort and all that.My strategy is to keep rent just a touch lower than the highest possible.

Questions regarding the treatment of the househack would be relevant.