These are the rents you can go by for rent increases or renting to new tenants.I usually underwrite for more wear and tear in my analysis to cover the bad apples, but luckily the majority of section 8 tenants we've encountered across the country have been grateful to have their unit.   

Also, knowing your customer will allow you to anticipate the rental experience and what types of tenant issues you might encounter (e.g., 19 yr old college student tenants are COMPLETELY different than 35 yr old traveling nurse tenants)…and lastly, it’s superimportant to know your customer, because in this case, you will be LIVINGwith your customer!

As I see it my options going forward in NYC are my employer extends the current arrangement, I renegotiate for local package, or get a new job.

But I am able to easily qualify and submitted a full package of electronic documents to them on the same day.

While and adjustor is being assigned to the case put together your claim package.

However, I'm somewhat concerned about managing numerous tenants, especially since I plan to rent by the room, which inevitably might lead to encountering a few challenging tenants.

If that happens, check with your agent about insuring the property on a Commercial Insurance form (Business Owners or Package policy).  

Because it takes repetition for people to remember things and you have to be top-of-mind when they encounter a potential client for you!

This thread is dedicated to sharing those expensive lessons or mistakes we've encountered in the world of real estate investing.The purpose here isn't to point fingers or bash each other for the decisions we've made.

no one realizes every one of these houses has truss packages.