I'm afraid it may encourage the second group to stop making payments and it may encourage future buyers to put down as little as possible.The plan may reduce the bleeding but won't heal the wound.

Until the health inspector who is also a landlord in the city told me that Home Depot sells ones that have sensors in them and will go off as soon as another one goes off in the house.

The home must be inspected by the Health Dept. before it is rented.

All the points made about insurance esp workers comp and health insurance are very meaningful as well.

I am currently trying to pull some cash in order to make another acquisition and I have a dilemma on which way I should go.

FYI: Blame Forbes Magazine, not me, for bragging about the health of this city for investing.

But remember it’s not always a price and building when buying international (overseas) one also need to check the climate, political stability, economic conditions, health care, letting potential & law n order situation.

I recently had a similar dilemma.

It's pretty sad to see him begin to decline in health.

The problems that I dealt with during my first year as a landlord:Water pipe burst / total rehab of 1 unitPay-as-you-go general contractor that didn't finish the work on the unitMold / complaint filed with Health DepartmentCrack in foundation that let water come into 1 unit every time it rainedGot locked in to a below-market-rent section 8 rentalMarketing for vacant unitsTenant disputesSection 8 dispute (although in this case it earned me $1900 :mrgreen: )Fortunately I haven't had to deal with evictions yet, but I know they'll come in due time.