(WROC) — A bill was introduced by the Rochester City Council to adopt the state’s Good Cause Eviction law.The bill would restrict landlords from evicting tenants without good reason and would curtail the denial of lease renewals.

If for whatever reason you waive the contingency, you will forfeit your ability to cancel the purchase contract if there are some serious issues with the home and will not get your EMD back.

They would also start making rent payments immediately (if he pays for 6 months upfront) to show ability to pay.  

The power of compounding in real estate is real - yet most professionals don't understand how powerful it really can be even though they talk about generating wealth.The true power of a 1031 exchange is the ability for an investor to meet their investment objectives without losing equity to taxation.

That's why it's strange why the Fed has concern about job changes in Austin.For us in Bay Area definitely there's structural changes in the job market, there's massive acceleration of "forced retirement" so old folks above 58-ish are targeted for layoffs ; and only those who have capacity/ability to code and understand new BS like AI/ML ( lol ) is stay in position.

We are intelligent humans on this site and we have the ability to look at the people that submit a rental application, evaluate their situation and apply a reasonable decision regarding whether or not they are an an acceptable risk client.

In my honest opinion if you aren't confident enough in your knowledge, network, and abilities to make the decision to self manage an easy one, then hire it out to a pro.

What made my investor interested in this deal is having the ability for multiple exit strategies in the hot neighborhood of Pottstown.

Regulation and permit or license-ability will be critical.

Investing with foreknowledge that property values are falling seems like a timing problem or at least a situation where my offer would be reduced to reflect this coming change.As to how much to put in as a down payment that depends more on your numbers, your risk tolerance, ability to get financing, cost of financing, etc.