Effective  12/1/2024 @ 12:01a the Louisville rental registry requires the 16 page Lead Hazard Evaluation form in addition to the Affidavit of Compliance.

Also, Investors need to be prepared for and understand if there are additional costs that come with foreclosures, such as water bills, and potential fines for property upkeep.

If so, you may choose to simply add it to the lease as being damaged at move-in so the tenant doesn't get charged for it when they leave.

I haven't advertised a rental on Craigslist since 2010 and it was full of scammers and other problems back then.It's hard to believe that site ever survived.

You can - 1) establish a trust for asset protection, 2) utilize the Homestead Exemption for property protection, 3) consider tenancy by the entirety for marital property (this might just be applicable to California, my home state)4) make sure you have adequate liability insurance for additional protection, 5) think about forming a business entity to shield assets, 6) and have proper estate planning for asset distribution.Seek tax and legal advice from experts in your state.

Any insights would be appreciated.https://www.adamssheriff.org/sites/default/files/2018-03/evi...

Additionally I want to keep reserves for small cosmetic Renovations as needed.

I have a good agent I've worked with for years and letting him represent me not only gives me the advantage of additional counsel, it also gives me someone else to do the heavy lifting so I can concentrate on the deals themselves rather than the intricacies of the actual contract, the process of moving everything through closing and all the hiccups that often come with investment properties.

I believe I am realist and not negative but .. most ADU additions are not value adds as the addition costs more than the value added.  

Same with anyone who gets 20 experienced-backed responses to their question yet ghosts the thread. non response or proper thank yous on PM's have caused me to not do those anymore I might write one sentence but it is weird how common courtesy does not resonate  with so many people on SM or maybe just on this site..