I accepted the 2.5 week wait because as a rookie I was worried I might not get someone else--the next day I had to turn down someone who would have moved in on our "available" date. 

Quote from @Johnnie Fair: I wouldn't accept her application.When checking landlord references, many applicants will give you the number of a friend or family member that pretends to be the landlord.

The seller wouldn't accept a lower offer, the renovation cost was too high or ARV not high enough.

It is also important to accept that living in the center of a big city is getting more expensive and that, for the same price, with time it is only possible to live in the 2nd/3rd tier neighbourhoods. 

There is a prohibition against posting the landlord's names if they are found to be in violation of the ordinance.The ordinance includes a $1 million mitigation fund for landlords to offset the costs associated with accepting vouchers.

Land area spans from Rio Grande City to South Padre Island.I think it's not heard of often bc we're not as mainstream as other big cities and we are also a border town so cartel violence tends to be the issue that comes up.. but Mcallen has actually been ranked top 3 in one of the safest cities to live in in 2023. 

@Marty Rogachefsky this does NOT sound like a Class B area, more like Class C at best.Also, from your description, sounds like a Class D property.Your PMC should be able to send you the S8 Property Standards for your review.You could also "accept" a S8 applicant and schedule the S8 inspection, just to get the list of repairs.In our opinion, if an owner won't keep their property up to S8 standards, which are not that demanding, then they are a slumlord.

CSLB | QUALIFYING EXPERIENCE CSLB | ACCEPTABLE SUPPORTING EXPERIENCE DOCUMENTATIONI'm a second generation GC with almost 30 years of experience in the area so let me know if you have any questions, Jerry.

Accepts 12 or 24 months of personal or business bank statements.

Reading about actual humans in this thread, accepting and justifying negative cash flow as a mechanism to invest in real estate, tells me everything I need to know about the current state of the rental real estate market.It's almost as if every single podcast full of veteran investors for decades, all of those golden rules of thumb/pearls of wisdom/rules to mitigate risk, are tossed out the window all for the sake of chasing a yield.I feel like I need to take a shower after reading this nonsense.