You would think these regulations were written by Bernie Sanders.Landlords seem to be viewed as exceedingly rich, evil money-grubbing bigwigs who make their living from the blood, sweat and tears of honest working families.Regarding security deposits, if you fail to pay collected interest or even notify the tenant when you change banks where the escrow account is held, the tenant can take you to court and win.  

Sure, the margins are thinner here than in Boston, but are still higher than many other regions of the country.I'm not that far from Fall River and New Bedford and, yes, the home prices are lower there and there are not as many jobs to be had.

My thought is while that sounds great on paper, if we end up not finishing on budget and the contractor now has 20k of our budget (hypothetical number) in his pocket, and we end up bankrupting and closing the door on this venture, there would likely be bad blood about him having profited well while our business folds up.I see a strategy where his expertise is leveraged to oversee that bids are in the right ball park and work is being done properly as well as compliance type issues (permits and such) are all in order.

Roxul in the Joist BaysResilient channel to hang the drywall on the ceiling.This is obviously more expensive, but you may be able to get away with thinner drywall as the Roxul is a great fire break between units.

Just not enough rental runners here doing it the hands-on fixer old-fashioned blood, sweat, tears, and toil way.

All my blood, sweat and tears torn down in about half an hour.

A premium property might be less work/direct involvement but offer thinner returns.

But can you get blood out of a turnip?  

I can't and don't want to workout at nights, the feeling of getting that blood pumping in the AM is really amazing.I also recommend going outside within an hour of waking, sooner if you can.

They both sound great, but what are you more excited to put your blood, sweat and tears into?