My suggestions:* Requiring code compliance and safety equipment is absolutely valid and should be part of the regulations* Requiring owners live within 15 miles is not necessary since poor hosts whether they're local or distant will violate the 3-5 warning system and earn a suspension.

If the police cite them, I would issue a lease violation warning.

That's why I'm focusing on education first; I want to set a strong foundation before making my first deal.Apologies in advance-I'll be asking too many questions, just to warn you-but I really feel delighted to be aboard, learning from each and every one of you and subsequently sharing my own successes.

But be warned about that company...

I invest out of state in C-class neighborhoods in the Midwest. One of my units MAY be in an area that is going down hill, but I could absolutely be wrong. From several states away, how can I be sure? I'd hate for a te...

Warning: Where you get in trouble is in two things: 1.

Take this as a warning, and perhaps be proactive not reactive.   

its most unfortunate that you had to go through this deception and theft from someone who is considered a professional in this business. we definitely appreciate you putting the warning out about this character. as hard as it is to find a reliable experienced contractor nowadays its even harder to find one that's not a crook and a liar and that's truly pathetic.   

Quote from @Chris Seveney: Quote from @Sean O'Keefe: I wrote this post a few weeks ago, below, warning real estate investors, with entites (e.g.

I warn them that a cancellation - for any reason - will result in charges.