Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Overall, I have a system and take the long term approach/vision.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

I'd like to approach them with purchasing the building but I'm assume they're not wanting to sell it until after the owner's death due to the step up basis.I have first right of refusal but what type of creative financing can I offer so that we agree upon a sale and price beforehand?

This approach is seems so wrong and has discouraged me from expanding my portfolio in Philly.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

@Matthew Turcotte I'd love to share our approach and strategies for value add self storage.

I assume most people are able to see through the pickiness of a couple high maintenance people when the rest of the reviews are stellar.But lately I've been wondering if I should reply to these reviews and what the best approach is.

Here's an article: https://www.adatitleiii.com/2018/01/new-york-passes-law-agai...Here's how I would approach it.