Hello,How do you handle non-responsiveness from tenants regarding not-so-critical issues.

Any info on how to handle taxes this season would be greatly appreciated.

do you guys prefer to only invest in newer homes  i.e. built after a certain year to reduce the possibility of having to do a lot of reno on wiring, plumbing, etc. or does it just depend on seeing the house and determining the condition that its in?

If not, then serve the non-renewal and prepare to turn the unit as efficiently as possible to reduce costs and vacancy.

I'm unsure how to handle these costs.

@Brittany Farrell my recommendation is you take this post down and let your lawyer handle it. 1.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

Using your $100K example, the 6% seller assist is far more valuable to this buyer than merely reducing the purchase price by $6K because the 6% seller assist is a $6,000 reduction in funds required to close whereas reducing the purchase price by $6K equates to less than a $200 savings (2.5% down payment + some incidentals).

House hacking with two children can be tougher than expected because you will always need to take a larger or the largest unit which will reduce your cash flow on the property even more.

I figure the upside to the rental scenario is, of course, investing in multiple properties, while a downside would be having to most likely get a conventional loan on the second house with 20+% down and proof of sufficient enough financial reserves to handle two mortgages.