It's essential for the property to maintain a DSCR Ratio of at least 1.0 across both notes.Considering the present market conditions, refinancing might be a more advantageous option for you.Please don't hesitate to direct message me if you'd like to discuss this further.Thanks,*

The interior is stuck in the 1980's but the condition of everything is still well-maintained.

As indicated, I believe it is misinterpretation of the 15 year exemption, but unfortunately I suspect there is not going to be anything you can do about if jurisdiction maintains their interpretation (I know it sucks).

Anyone have tips on maintaining LLCs?

Of course we still maintain insurance on it and have a lawn guy that takes care of upkeep.

Fix the effing problem and don't have cheap *** old *** units  I doubt you splurge on your invested propertiesBig difference between "splurging" and maintaining.

You will need to maintain the property with repairs and eventually capital expenditures as well, plus rentals don't stay occupied 100% of the time and renters don't pay 100% of the time.

You can serve a "notice to cure" which gives the tenant a specific timeframe (usually 14 days) to fix the violation (in this case, not properly maintaining cleanliness or disrupting the peace).

I feel like this approach gives me the best bang for my buck since its cheaper than all new LVP and will be easier to maintain the hard working rooms.

@Geoff Eckert  there can be a very wide gap between C and B  forget the minus and the plus.so it could be luck of the draw it could street to street your C could be C today and meltdown to D rarely do these neighborhoods come up  they for the most part go down.were as solid A and B can maintain as you have a nice sprinkling of owner occ and sales to owners.Were as anything under that is pretty much only being sold to investors.