Eventually, once rents can be pushed up over time, there would be potential to refi that asset with your beefed up GRM metrics to fund your next project.

Yes you may have a legitimate beef with ConEd and yes they will still need to put some slack in the line, but think about having no electricity. 

Return is always a byproduct of risk, and just like there is value in holding some blue-chip stocks that have low levels of dividend payments or appreciation, so to can there be value in holding a "blue-chip" rental property if it is part of your overall investment strategy.

Being near a major highway and as a byproduct being near shopping, etc.. is a convenience they will pay a premium for if all else is equal.  

If I were managing a Section 8 property right now, I'd start charging an application fee and running checks on applicants just to get on the waiting list, and I'd beef up my security deposits, to get more bad tenants to just screen themselves out.I just thought I'd share this info with landlords on this forum who are Section 8 landlords, or considering it.  

Tenants can spot it in a split second – and I will tell you, this is an extremely effective memo for beefing up late fee collections.

If you think you could have gotten it done significantly cheaper, or if you feel some of the work was done when it wasn't really necessary, then you have a genuine beef with the PM.

. :-)"Training your tenants" is simply a by-product of sticking to your lease.I can't stress enough the importance of sticking to your lease.

He said the police get calls reporting suspicious activity all the time, and it's impossible to respond to all of them and you never know which ones are legit and which ones are just using the police to hassle someone they have a beef with.My L.A. police friend recommended 2 ideas -- 1) call the tenant and tell them that the neighbors have called me and they are suspicious of drug activity at the house.

I would purchase a beefed up 1993 Geo Metro.