Let's say a tenants asks the LLC to repair a broken deadbolt lock and it takes you 3-4 days to get around to it, and in the mean time someone breaks in and assaults your tenant, you could be charged with negligence towards the safety of your tenant--this is serious stuff.

I can agree with both of you, but still think duplexes have more of a safety net if they are purchased correctly.Our investors are buying at between 50-70% of the ARV.

who's selling, why are they selling, how hungry are they, condition of the neighborhood (safety/properties/etc), and condition of the unit itself (can I do the repairs, what's it gonna cost me) and finally, the quality of renters in the area and vacancy rates.good luck...

I don't think it's a safety issue, just a funky smell.

These are both a dangerous assumptions, in my opinion, because, as Warren Buffett or Benjamin Graham would say, you have no "margin of safety" if the economy downturns for a while...AND because you are still highly leveraged.

One is acquiring cash flowing rental properties, another is raising capital to have funds for future deals and have a safety net.

Call the police for bomb disposal now, I'd explain that it's been disclosed, it is a public safety issue.

I don't pick a note based on return, I pick notes based on safety first then I look at its return on investment.Learn everything you can.This market is full of bad deals, overshopped notes and notes that have been in so many hands it could sell tickets.

Each unit has a fireplace, and I would like to eventually remove them all for safety, insurance, and space reasons.

I've done the research and think $170k is reasonable, but if my offer of $100k is accepted that still gives a nice safety factor.