I was invested in multi-family, but like ss much better because it's just steel and concrete...the tenants can't damage it and no one ever calls me at 6am complaining that their child flushed a toy down the toilet like you get in multi-family.

Luckily I stayed in the car and they let me drive away.The problem with some of these C class areas are that you're going to get high vacancy, evictions, and high turn costs with tenants damaging the property. 

The total including rent, damages, and utility payments came out to $2600. 

The wear and tear on hardwood floor - carpets has no recourse beyond the deposit damage if there is pee or replacement costs needed.

L&I deemed the place unfit to live because of the damages, we escaped the inferno without any bodily harm and went to stay with my daughter until we found suitable housing.

The house is listed for just under $600K, but it has significant damage due to broken pipes.

Hi,I run a short-to-mid-term rental business. I had a couple in one of our properties with dogs for a couple of months. When they left, we discovered that the dogs peed all over the house. We had to replace all of the...

@Nathan Gesner, having that line of credit will enable to you make a quick purchase, should you find a gangbusters option OR to handle damage from a storm, or what-have-you.

This will not only help you track if there's damage done by a tenant, but it will also significantly reduce costs on the remediation side if the property is empty as there are no contents that need to be removed or packed out and cleaned.

For electrical, unless they overloaded circuits and caused the damage, it is up to the landlord to cover the expenses.