Despite current unemployment rates maintaining below 5%, the recent rise from 3.8% to 4.2%(recently revised to 4.1%) is significant, especially when considering wage growth adjusted for inflation.Over the last few years, the median household income has dropped by 7.2% when adjusted for inflation (and this isn't even considering volatile food and energy prices), a troubling trend given that inflation has outstripped income growth.

We’d love to assist you in getting your place rented out!

If you’re aiming for a more passive investment, turnkey properties could be a great fit.Feel free to reach out if you need any help—I’m happy to assist in any way I can.

I definitely would want the mail to go to the correct place.If someone wanted to sue you, the fact that you ignored changing your address would be a good argument that you are not maintaining corporate formalities, potentially having the protections of your LLC ignored.Most states have annual filing requirements for the LLCs so that would be a good time to update it.  

Otherwise, if tenant did not vacate, attorney appears in court and more fees.Once tenant vacates, we'd have a chat with owner about their options to pursue tenant for collection - which we MAY assist with, but with a disclaimer we're not experts and will be low priority.

Sellers, keep your property well-maintained and inviting—it’s all about making the best impression in a market with options.Parting WordsA shifting market is a door opening to new opportunities.

If you have your down payment ready and are looking into commercial real estate, long-term rentals, short-term rentals, fix and flips, house hacking, BRRRR, or new construction, I'm here to assist you.

The sophisticated money is not buying in stagnant markets with poor fundamentals because they can achieve the 1% rule, can complete a BRRRR or because of more favorable landlord tenant laws exist just to highlight what’s rarely part of their acquisition criteria which is a stark contrast to the mindset of most within the BiggerPockets community.Since your focus is specifically on landlord tenant law component I’ll add those who follow the law, properly maintain their property, respond timely to tenant requests, use well drafted and fair leases and don’t unreasonably withhold deposits  find themselves in far less tenant controversies. 

If you have your down payment ready and are looking into commercial real estate, long-term rentals, short-term rentals, fix and flips, house hacking, BRRRR, or new construction, I'm here to assist you.

@Victor Soni we have a new contact at Home Depot that will be able to assist!