Alabama is very business friendly and there isn’t nearly as much competition there as some markets.

It’s entertaining to them sure but it solves nothing as there’s always 2 sides to the story the customer and the business.

All too typical park owner who took all the profit out of the park without reinvesting in the business then wants to sell you the potential he was too cheap to invest in. 

You would have to go after the one individual for non-payment and you could only remove the other three by going through the legal process like you would for someone on a verbal agreement, which puts you in a he-said, she-said situation. 

They recently renewed their lease, and it was in my intention to ask for the new renters insurance, and things got busy during the holiday season and I never took the time to ask them.

Agree it is difficult to assess costs when they vary so much by location.Keep in mind that some turnovers are sickenly expensive, and that is just the nature of the business. 

When we built up the triplex, we set it up so that each of the 11 rooms can be rented out individually (all BR, except 2, have their own bathroom behind an electronically locked door).

Hello all, my business partner and I started BRRR's in Texas in 2023.

Im old school...my cpa is in the building next door and I like doing business face to face.

Michelle Wang,With all due respect, you should make plans to be in another business once you're out of Real Estate Investing (Residential, Income Property).There are Members of our MassRealEstate dot net Association that come crying to me about similar situations as yours i.e.