Lease started 1st of November.

If allowed by the city, grade gravel and fence it and then lease it as outdoor storage. 

Here are the numbers I know so far:Rents4 units all currently occupied on one year leases- #1: 1/1 $995 monthly- #2: 1/1 $995 monthly- #3: 1/1 $995 monthly- #4: 2/1 $1,100 monthly- Gross rents: $4,085 monthlyExpenses- $12,070 taxes annually- $350 monthly insurance (my estimate, they have liability only right now)- $175 monthly landscaping- $120 water (electrical on separate meters, tenant pays)- Total expenses: $1,651 monthlyNOI around $2,434 before vacancy, maintenance, and management (although i would likely self-manage these)Property needs about $50K in other repairs and udpates from what I can see.

From co-investing to leasing or new developments, I’m open to exploring how we can make something great happen.Feel free to reach out & let’s see where this can go!

See if you can get a subject to lease agreement from one of your friends or associates.  

You should have provided a new lease when you took over.  

Yes, the lease would stay in place regardless of who is managing the property. 

I think they're justified, and I'm committed to helping them because this seems unfair, but I've never had to enforce the lease except for non-payment of rent.

I now have a 6-month lease signed with a tenant, am avoiding higher vacancy during this recessionary period, cut out 19% of expenses, and have far less headaches.

My Property manager reached out to me asking if I would be willing to lease to Section 8 tenants in one half of my duplex.