I want to make sure that the process and documents are all proper and we don’t miss anything. 

More control over expenses, including what would've been a cap ex in MFH becoming a NNN expense that tenant's cover, or at least a percentage of them if leases are properly structured.

Additionally, Chapter 5321.19 specifically disallows cities from passing ordinances that are in conflict with chapter 5321 which gives both landlords and tenants the right to non-renew a lease for any reason with proper notice Section 5321.19 | Effect of chapter on political subdivisions.

Andrew thanks , will contact at the proper time

I think it is best with a solo(k) to take it to the next level and work with a professional such as a CPA or your advisor, to ensure that all your transactions are proper and are not considered prohibited.

Long drive into Phoenix proper.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

It’s not explosive growth like dallas or the rest of the Texas triangle but you have a billion of other investors hunting for deals.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

So if I am reading this properly, you are operating a property without a proper permit and have an illegal basement rental as well and basically got busted?