People like trying different cities now and like to test if they like it.So many reasons people will probably do more of this in the future.

If they are not paying rent then go through the eviction process as normal.

It isn't easy to make things pencil, and I don't see it getting much better over the next 12 months.I have changed my rental strategy to Co-Living (rent by the room).

I would love to connect next time I’m in the area!

Thank you so much for the valuable insights!

The FFE and other assets of the business cannot be 1031d anyway. 

MInd you, we've gotten really good at our scopes of work and we have one of our GCs go through the property with us to give us our scopes of work.

Purchased a property that was listed by sellers agent on Zillow realtor.com etc as triplex with rents listed etc. my realtor verified the rents, as it has been rented as a triplex for 25+ years, worked with both my realtor and listing agent through the sale.

They don't want the company to be potentially liable if an owner doesn't follow through with the inspections and repairs.After the GFC, we needed the capital investment or they would have had to tear down more houses than the thousands that they already have.

Walking through, I can see that owner is the type that spares little expense with his own properties.