Still have expenses, but no income (hope you have reserves for a lawyer)3.

A buddy of mine invested early in that area, and let's just say he's not regretting it.From what I've heard, these massive projects tend to create ripple effects in the surrounding neighborhoods.

If your goal for house hacking is not to cashflow immediately it may make sense if you're paying a significantly less amount in mortgage and expenses on your house hack because the other side is effectively helping pay that amount.

Thank you all for your opinions and insights, in light of the recent information we have banned Bob Prisco from the forums effective immediately for breaking numerous forum rules.

From the City to the courts, the police, the litigation lawyers, the inspectors, the utility companies and worst of all the tenants. 

This in turned caused a dominion effect of other tenants wanting to leave.  

Getting less every month is still generally more cost effective than dealing with a tenant that stops paying or causes damages to the property.However, if you do decide to change your selection criteria and you are worried about fair housing, the main thing is documentation.

In my experience within my market, Craigslist is effectively full of scam listings.

(I’ve increased rent between 3-5% in 2023 and another increase goes into effect October 2024)I’ll do whatever I can to lower the taxes but if I can’t, I may have to increase everyone’s rent by another $200 to $1400.

Hello @Aaron Maxwell,Calling is more time consuming but more cost effective.