A few months ago we added a clause that pertains to who is responsible to eradicate bed bugs because we've had a few issues where tenants want us to pay to eradicate them and we contend that we rent the units when they are empty and it is the tenant who brings in the bed bugs and our pest control company wants $350 to $700 to eradicate bed bugs.

I have also done knob and tube abatement, whereby the electrician eradicates all VISIBLE knob and tube in basement and attic, but properly junctions the connections as the knob and tube runs up walls and through ceilings.  

Increased Tax Rates for Investors - Another proposal was Biden’s wish to eradicate the 1031 tax loophole for investors that have an annual income of $400K or more.All of these listed above are only possible scenarios but it does not bode well for investors.

.§7501,etseq.) property inspection isa non-invasive,visualexamination ofsome combination ofthe mechanical,electrical or plumbing systems or the structural and essential components of a residential dwelling designed to identifymaterialdefectsinthosesystemsandcomponents,and performedforafeeinconnectionwithor preparation for a proposed or possible residential real estate transfer.The term also includes any consultation regarding the property that isrepresented to be an inspection or that isdescribed by any confusinglysimilarterm.Buyerreservestherighttoconductinspectionsand professionalevaluationswithin30 daysofthesigned Agreementforany ofthefollowing:general propertyinspection,wood-destroying insects,underground tanksand wells,septicsystems,toxicchemicals,and environmental hazardsincluding but not limited to asbestos, mold,fungi,radon or lead-based paint, property boundaries,or deed and use restrictions.Buyer reservesthe rightto VOID thisAgreement based upon the resultsofany inspections, a) WATERANDSEWAGECLAUSE:IfPropertyhasnon-municipalwaterandsewagesystems(e.g.wellorseptic).

they don't receive the bids because I think their realtors are not doing good job, they dont wanna do any repair and with section 1 everywhere, they dont wanna do any staging ; also when I checked section 1, it's actually not a termite issue, it's only fungi on the deck that can be easily repaired.

My insurance company just sent me a notice regarding the drop of fungi or bacteria from liability coverage.

Hazardous Materials – add “Landlord represents and warrants that Premises are free of any mold, mildew, fungi and bacteria.”

@Jerry Fung - I sent you a DM.  

Here's the real issue:  "Wood rot from fungi is dangerous because of how quickly it can consume the bones of a building once it has come into contact with them, destroying the strength of lumber and in turn causing cracks, leaks, and overall structural damage." 

@Jeffrey Fung I second Cody with the cost segregation study.