I am not sure I fully appreciated the scale of risk as I was not aware there are daily fines associated with class B violations.Following closing, I reached out to an expeditor I was recommended and the guy basically took my initial money and did nothing and then stopped responding to calls/ emails - finding nobody will work in NYC without money up front is hard.

The strategic location and the low initial investment made it an appealing and lucrative investment opportunity.

Hello,I am new to real estate investing and I am starting the initial research on how to go about acquiring my first rental.First is financing a deal.

Initially, I started with a project called Dealsletter, which has grown quite well and has received positive feedback from the real estate investing community.

Perhaps they like to see a written 7-day notice (and perhaps with some type of evidence of “service” on the tenant) not work before you take the matter to court; tho, the following document also does not seem to care about the time or the manner of the initial demand (Notice): https://s3.amazonaws.com/cobbcounty.org.if-us-east-1/s3fs-public/2024-03/Proceeding-Against-Tenant-Holding-Over-Eviction-Form.pdf.

Initial thoughts was this is expensive but I have multiple GCs in the 400k range. 

Here are my initial thoughts:-Making the offer contingent on seller showing me background check documents from their due diligence-Requesting for a walkthrough of the property after the offer is made, and reserving the right to pull the offer if the house is not maintained wellAre these ideas practical?

First after their initial introduction they split everyone into groups and you don't get access to talk to anyone who is already in the group.

We will see these more frequently on variable rate debt with near term maturity datesOf course this will put the initial investors behind the new debt on the capital stack but it’s really just adding more buckets to shovel water out of a sinking boat.

Looking at 4-5 months from initial offer to listing and I have a GC handling all the work, so my time has been just driving to check status/give input/drop off payment.