I'm not saying you are responsible for the repair or damages; I am saying a professional would know what they are responsible for, and they would act accordingly.Hi Nathan, I am well aware of who is responsible for what, but as we all know, the cost to hold someone accountable often outweighs what is recouped at best.

Affordability can buy me more living space, a better quality of life in a less expensive area, or access to amenities that were previously out of reach, all of which might outweigh the energy and excitement of a city center.Investor Interest: As you mentioned, investors are taking notice, which could lead to a revitalization of formerly overlooked areas.

Conventional loans will follow the same guidelines, here is a good excerpt:https://selling-guide.fanniemae.com/sel/b2-1.3-03/cash-out-r...DSCR loans have flexible seasoning, which could allow you to put the money to use quicker, outweighing some negatives.

These are some of the ways the clients could be affected by property managers who are not prepared: Extended VacanciesInadequate marketing strategies and tenant screening processes can result in prolonged vacancy periods, translating into substantial lost rental income.High tenant turnover due to poor resident relations further exacerbates vacancy losses.Inadequate Maintenance and RepairsNeglecting preventive maintenance and delaying necessary repairs can lead to accelerated property deterioration and higher long-term repair costs.This can also negatively impact tenant satisfaction, contributing to higher turnover rates.Legal and Compliance IssuesLack of knowledge or disregard for landlord-tenant laws and regulations can expose investors to costly legal disputes and penalties.Failure to properly handle security deposits, evictions, or fair housing practices can result in significant financial liabilities.Ineffective Financial ManagementInaccurate budgeting, expense tracking, and financial reporting can lead to uninformed decision-making and missed opportunities for cost savings.Failure to optimize tax strategies and leverage available deductions can further reduce net returns.Diminished Property ValueInadequate maintenance, high vacancy rates, and poor tenant screening can negatively impact a property’s perceived value and appreciation potential.This can significantly affect the long-term return on investment when it comes time to sell the asset.While a 10% management fee may seem reasonable for a well-performing property manager, the cumulative impact of mismanagement can quickly escalate the effective cost to investors, potentially outweighing any perceived savings on the management fee itself.

That need could outweigh their desire to protect your best interests.Not saying there investment here is a bad thing, per se, just raising this point so that this one element of the deal doesn’t tip the scale to you investing if you otherwise might not.

It’s basically a tax deferred savings account with some death benefits - of course the insurance company will profit on you, but if you are smart it won’t outweigh your gains.I think another benefit in the real estate space is a scenario like COVID.

We got the property off market at a great price and decided that the location and future opportunity outweighs the benefits of a quick resale.

Trusts do have benefits, but the costs for you at this juncture may outweigh those benefits.Often times, what people truly want is to just be protected in the event the unforseen happens with the property, and thus, a solid, robust insurance policy is often the most cost effective route at this point.

The lessons you teach them far outweigh any buisness we give them.

As for the home sellers, it is not always a good fit as they have to go through their home being a construction site for a period of time and sometimes the cost and inconvenience does not outweigh the added resale value.