Assuming you fail the first test, you will have to perform the remediation work and then call for a re-inspection.One you have a passing inspection you can apply to MDE for your Lead Cert (many lead inspection companies will handle this for you).Good luck!

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

How do real estate investors handle the financial gaps when buying a new property before the previous one sells?

It's really that simple.Find an affordable market with a good property manager who can handle things for you.

I myself am a value-add investor that likes projects other people either ignore or can't handle, but are too small for the developers.

How would you guys handle this?

Either way, there is plenty to educate yourself when looking to handle wealth.Hope this helps.  

Many agents claim they can handle multifamily, but working with one who owns similar properties provides better confidence that they know what they are working with.However, if you are looking for larger multifamily properties—which are not listed on the MLS—it’s essential to build relationships with those brokers, as they often don’t list these properties on central services.

Key Principles:Mindset and Goals:Think Long-Term: Real estate is a long term play in most cases Set Clear Goals: Define your financial goals and how real estate fits into your overall plan.Finding the Right Property:Location, Location, Location: Invest in areas with strong economic fundamentals, good schools, and low crime rates.Cash Flow is King: Look for properties that generate positive cash flow (rental income exceeds expenses).Consider Appreciation: While cash flow is primary, also consider properties in areas with potential for long-term appreciation.Financing:Get Pre-Approved: Get pre-approved for a mortgage before you start looking at properties.Leverage Wisely: Use leverage (debt) to your advantage, but don't overextend yourself.Consider Creative Financing: Explore options like seller financing or partnerships.Building Your Team:Real Estate Agent: Find an experienced agent who specializes in investment properties.Property Manager: Consider hiring a property manager to handle day-to-day operations.Accountant: An accountant can help you with tax planning and financial management.Attorney: Consult an attorney for legal advice and contract reviews.Managing Your Investment:Maintain the Property: Keep your property in good condition to attract and retain quality tenants.Screen Tenants Carefully: Conduct thorough background checks on potential tenants.Review Your Finances Regularly: Track your income and expenses and make adjustments as needed.Example Action Steps:Set Your Goals: Define your financial goals and how real estate will help you achieve them.Educate Yourself: Read books and articles about real estate investing.

As for Portland its downtown while business wise has been really hurt.. and its started with theBLM riots ( or should i say peaceful protest) that and those nice Antifa folks fire bombing things destroyed many many business's the inner city real estate is nothing like back east. but they have got to get a handle on the homeless..