If you walk into a bathroom and see peeling paint on the ceiling, you know that room was not ventilated while showers were taken.Wire exhaust fans to the same switch as the light so that the fan has to be turned on. (Go

The Florida MF deal was from Feb. 2021 to November 2023 and the ATL hotel deal was from March 2021 and is still ongoing (planned exit in 2026 but is infinite returns so I'm in no rush!)

@Evan Polaski I don't include any fees, not even an acquisition fee or ongoing asset management fee.

Once any ongoing damage has been mitigated, you'll need to have a lot of contact with your insurer to discuss your rehab plan.

@John Clark I ran a nonprofit for 5 years and considered that option for this strategy, but, for a lot of reasons, it would be more limiting in the long-run.

Once the tenant is out, I plan on going back to my original insurance carrier.  

Will not yet be ready for window treatments as the renovation is still ongoing, and getting closer to time when itemized list of damages are to be furnished. 

I ran quick numbers (see below) and it would seem that we'd cash flow better with Section 8, but the horror stories from other investors scare me.  

Illegal offering of investments, especially to investors for which the investment risk is "inappropriate" is an ongoing serious matter; as is outright fraud on the part of sponsors. 

The company I use has patched the issue since then, but security is ongoing, of course.