Anyone else hear of passed legislation mandating the property managers in addition to property owners are now responsible financially for any repairs not done on properties, taxes not paid and rental certs not submitted/paid for, lead based paint fees/apps and required work, HVAC certs every year and proof utilities (water/sewer) as paid, and general compliance matters?   

It's better to pass on a deal then get stuck with a loser. 

Rates have improved a little so entertaining a cash out refi could be an option as well. 

We just did this as a seller on some of my new builds.. we sold 3 in the last few week and I negotiated commission on all of them.. a little different for us here in Oregon as these are new builds and folks ask for upgrades.. so like on one I said sure we will upgrade to Hardwood throughout but we are not paying a broker fee to your agent you will need to pay them.. well they passed on the hardwood and we agreed to pay their broker 1%. thats how it worked out.. in the higher priced markets its going to put buyers agents on the spot. because if sellers say we will pay 10k which is about 1% and buyers agents are used to getting double that they will have a hard time talking to their buyer who still thinks 10k is a big pay day and wont understand why the agent thinks they are getting shorted.. 

I started in Real Estate investing in 2013 when my daughter went to college ( first investment was student rental), i still own that house and several others in the town, not all student rentals. i look at this as my retirement in the near future and my kids inheritance should i ever pass.

My wife and I understand that we could give our home to an adult child when we pass away and that our adult child would pay no capital gains taxes on it.But, we have multiple rental properties owned by our LLC and we want to give each our 7 children a property when we pass away.

The ideal situation is you inherit it after they pass tax free with the new higher basis.

We started a local art gallery and held events like weddings and other entertainment.

Our Dad got remarried after our mother passed away.Dad had a will and prenuptial agreement with the second wife.She still survives.

The house is located within walking distance to shopping, schools, and entertainment.