These costly improvements are pushing rents up.While effective rents (factoring in concessions) may be declining, asking rents remain high as landlords aim to maintain their property value.

It’s also not as cost effective to just upgrade one unit when it’s vacant because then you lose economies of scale and in the instance of materials things may not be available over an extended period of time and you may end up with mismatched windows or something.

Although I would like to try to do it myself, crafting effective operating agreements is outside my comfort zone.

If I felt that way, I wouldn't make the agreement to begin with and I work hard to communicate clearly, calmly, and effectively to keep it from getting to that point.I am also open to compromise as my lease offers me protections that I may not need to exercise in all situations to get a fair outcome. 

This is the most basic level of protection and it is not very effective, but it is still better than nothing.

This effectively intercepts a negative review before it happens, allowing you to identify if something can truly be done to bridge the experience gap.Some guests just want to feel extra special or important, and the best you can do is smooth things over and move on to the next.

Effectively turning a duplex into a triplex.Does anyone know if there is any issue with doing this?

I also wouldn't be opposed to using a 203k loan to finance and renovate a multifamily to house hack and rent out (I know it's a lot more work and harder to achieve but I think the potential could definitely make it worth while, especially with the up coming changes going into effect soon). 

This seems mostly an academic exercise as lease rate and Cap Rate are largely set by the market.

Fannie Mae and Freddie Mac offer mortgage relief to homeowners impacted by natural disasters, including those with second homes in areas like North Carolina and Florida. If your second home is located in a federally d...