For instance, having a network of experienced investors can help you navigate challenges and identify profitable opportunities more quickly.Another consideration is the potential benefits of passive income.

I know there are some folks who rent two units in the sam building separate but also are able to combine them for bigger groups and having that flexibility could benefit you!

It's a great opportunity to be here and one thing that brought me to this community is the idea that we will not swindle grandma but we want everyone to benefit from our deal.

Maybe they benefit and that's great, but a large part of valuing wealth and what it afford comes in the struggle to obtain it.

That was the biggest benefit that came up time and again was the amount of time that they stay in the property reducing turnover.

As a property manager, creating a standard that establishes the trifecta of benefits and tension is good. 

I cannot think of a way that you (the LL who stands to "benefit" by them repairing their own space that they are paying you to use) will come across in a positive way.Plus, the tenant who incurred damage due to the other tenant's leak, may have some legal rights to have the tenant with the leaking pipes pay for the repair in both spaces.Now, beyond the legal side, you also need cognizant that most mom and pop tenants (which I assume these are) are not great with their money.  

You can certainly buy a property that cash flows immediately, but once you add a property management fee and the cost of someone to clean it between rentals (which can be much more expensive than an average cleaning if they have to do a trash-out), it may negate the benefit of buying in a lower-cost area. 3.

The goal of real estate is to have the big FOUR - cash flow, equity, appreciation, and tax benefits.

Most I know fully disclose what they’re doing, the risks to the homeowner as well as the benefits, and will actually tell the homeowner id\f they think the homeowner has a better option.