The author shares a wild story about discovering his long-term tenant was secretly running an Airbnb out of his apartment.

A good broker can create a narrative or story to help sell the building, but as debt continues to pull back, in my opinion, it will be more challenging to finance.Gino

There's just always more to the story, and there is no easy money as I see it.

The repair costs were$220,000; not including the expense to relocate the 5 tenants tomotels while their units were being repaired.”Theseare not uncommon stories and it’s taken a toll.

Great story!

I’ve heard horror stories of people who have to tear apart their house because of work that wasn’t permitted.I’m wanting to buy another home and rent this out as a duplex but I’m worried that if I apply for a rental license or anything that’s dealing with the city, they might find something that’s not permitted and we’ll be stuck with a hefty bill.

I don't know the cost of your fridge, but my CPA would simply expense it.The funny story is a rehabbed a house, bought appliances in a refrigerator, hot water tank and depreciated the entire rehab over 27.5 years.  

A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.

t show.I read your story and it leads me to believe you were dealing with a HM broker and not the lender directly cause they won't even schedule a closing unless the loan passes UW, gets voted on by committee, and then stamped with final approval. 

Great story!