Insurance is done with a carrier that allows for undergrads (usually Foremost).Re: legality, this is specific to the town.

For month to month we require a 45 days notice to vacateWe are often contact by perspective tenants looking for specific time frame several months in advance but we typically do not know if the current occupant will be vacating or renewing. 

So why this specific triplex? 

Your worst-case scenario (not specific to MA) would be having to sue to get them out as a holdover, but this is really reserved for worst-choice scenarios when owners choose the first renter or don't do any due diligence.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

I'll see if I can track down a suitable NoD template that I can work with for those very specific instances.Thanks again,Steve

If you have specific questions about property management, I'll be happy to help!

But before we go through to put together something more specific on the property so he can see all the numbers.

Specifically, am I able to depreciate the square footage I couldn't claim depreciation on from 2023 for the 2024 tax year, given that I couldn’t claim depreciation for that period?

Hi Everyone,
I recently started a Marketing Company that helps VRM get listings. I'm getting good results for our clients with postcards and some paid ads, but I'm looking at implementing cold email and cold calling ...