And as I say it here, it feels like an excuse...... 

The 4 guests smoked marijuana in the house (strong smell), broke a window blind and a picture, put a hole in the bathroom wall, chipped an end table and worst of all vomited on the couch and front porch.

What makes this so dangerous is that some of these 10 deadly sins are quite ambiguous and a matter of interpretation.

Because of illiquidity and the fact that it was in default and a foreclosure sale was scheduled, it was valued at $21K.

On paper, it looked brilliant..cheap money, quick turnaround, and a profit projection that made his eyes light up.It taught me that the real risk isn’t just the cost of capital, it’s the predictabilty of your exit strategy.

A tip would be knowing The number of doors you qualify for from a lender, And then looking at financial statements from places a little smaller and a little bigger.

I just did this with a 4/3 new build out in Cape Coral and a construction to perm loan through the bank.

I was going through the rent control laws ( I know, should have done that before purchasing the property ), and a section stands out. https://ecode360.com/30526708#42037155Based on what I can read, the rent control chapter doesn't apply to: Dwellings of three and four units, at least one of which is occupied by one or more of the owners thereof.My understanding is that rent control doesn't apply to owner-occupied multi-units. 

We’ve been dealing with this for over a year and a half now and I’m at a loss of what to do.

They’re affordable and a hit with families and groups, especially for evenings or bad weather.