More effort should go into enforcing existing permitting laws and cracking down on unpermitted work rather than imposing costly regulations that push property owners into avoidance tactics.If the goal is to improve fire safety in Worcester’s aging multifamily housing stock, the best approach is to encourage full renovations that bring buildings up to modern safety standards—not to place additional financial burdens on responsible owners.

But beware of the cash flow value trap.Just like stock market investors buy blue chip and small-cap stocks, so do real estate investors, who buy in major metro markets and in smaller tertiary markets.

In certain spots there was about a 2 finger gap between the ceiling joists and sheetrock.

We have $20K for immediate reno, and would continue in our unit over time.Parking: 2+ car garage (ideally 1 spot per unit)Personal taste: We gravitate to historical details (wood floor, built-ins, and curb appeal) and don't like flipped vibe, with LVP and grey paint.

Hi Kristin, Chris's answer above is spot on

Help, I have a friend who wants to play the stock market and I don't know how to talk him out of it!

In the nine situations specified, lenders may not enforce due-on-sale provisions in real property loans “secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home.”The reason the act was passed was that with mortgage rates approached 20% in 1981 - 1982 certain state legislatures were passing bills that declared due on sale clauses invalid.  

After years of investing we settled on Alabama as the best spot for us to invest.

If you’re not prepared for that, Detroit (and similar markets) might not be a fit.Older housing stock means more maintenance.

Hey TJ, you're in a great spot already with disciplined savings!