Landlord friendly, low taxes, no rent control, and strong metro growth make it a high quality investment for a lot of investors.

But especially in ODC's case as they have so much going on and have grown so quickly that who's in charge of what exactly isn't always clear and systems/quality control not always well established.

SFH are statewide exempt from rent control due to costa Hawkins.   

They can get out of the house and avoid the foreclosure and the buyer can get a decent deal by taking control of a good loan at a lower rate than they can get at the moment.

It didn't work out so well but I understand certain aspects are out of their control. 

Because I also own and buy actively, I also have the proven vendors that further save my clients money from insurance, landscaping, pest control, pool care, and handymen/hvac/plumbing/electrical.With that said, I’ll send you those properties today per our phone consultation @James Thompson and we’ll be sure you get your 1031 funds allocated smoothly and into great STRs 👍

If your property in DC becomes owned by an LLC, you will automatically become subject to rent control. 

That way you at least have full control of the operation and *may* be able to resell the mini home whenever you decide to exit. 

I’m a controller for a large commercial contractor and we have some very large projects in Utica.

Remember You have no control over the owner downstairs and I would report it to the association that it’s undetermined on the cause needs to be determined.