Pros - guaranteed rent, tenants stay longer on averageCons - more mgmt needed (lease violations), they tend to not take great care of properties (increase maintenance expense or deferred maintenance)

Quote from @Jimmy Rojas: Thanks for the reply, i think it may not be worth it after all, may I ask did you use a calculation app to come up with the mostly payments, if so, care to share it with me.One more thing.

You can wind up with title issues if you are not careful. 

You have many options.I have done the development side before and unless you are experienced, be careful.   

Greetings BP community, I recently joined a national senior care living development team.

Health and safety inspections don't seem to care much about zoning or permitting issues.

You need to read the sheriff sale information carefully, or if in a county with a magistrate then read their ruling. 

For residential multifamily properties (1 - 4 units), can you use a home warranty to take care of the repair costs associated with rentals?

It's just water, if it was taken care of it is not a permanent problem.Did you have an inspection?

@Steven CatudalI'm in Birmingham and invest in Birmingham, be careful when choosing properties, the house values can change by street sometimes. 1.