The landlord should ensure that all tenants know what is expected of them, whether it is when the rent is due, rules they must abide by to keep the property in a safe and sanitary condition, respecting fellow tenants, or generally just being a good neighbor.I believe that the City has its proverbial head in the sand on this.

If you have a multi-family property, then you have to figure out how to make the tenants share the responsibility or you hire someone to handle it for them.You have to consider insulation, maintenance of weather stripping on doors and windows, servicing the boiler/furnace, winterizing sprinkler systems, disconnecting garden hoses from hose bibs, and much more.It's very risky to manage rentals from a distance.

Property DetailsAddress: 1360 Meadowood Dr, Hixson, TN 37343Type: Single-Family HomeYear Built: 1971Size: 1,008 sqft + full unfinished basementLot Size: 0.27 acresCurrent Condition: Not updated since 1994Roof: New, installed 4 months agoParking: Attached Garage3.

I sell houses all the time by just listing them on Zillow, so don't think you need to pay a listing agent and if the buyer doesn't drag their realtor into the mix, you might not need to pay a buyers agent either. this is a cautionary tale of the risks of remote rehab with little to no experience looks good in the book but in practice can be very very difficult.. stick close to home.And also paying too much for a property at a tax sale that you don't know the condition of the property. 

It’s similar to the 203b, but it allows you to buy properties in conditions that the 203b loan wouldn’t finance.  

If there are three people and one or any has a weapon I am going to have to take their life over mine if I can't get away first.You always want to try and get away with your conditioning.

@Joel Mora what condition is the home?

Most new development is well over this mark and, since there aren't likely to be many more complexes built that offer decent living conditions for lower-end rents, there is probably some room to raise Class B/C leases in the coming years as more people move into Louisville.And, if things do decline, the "luxury" crowd is going to be looking for cheaper digs. 

I know the home insurance has gone up in the last few years due to weather, but didn't expect it to go up this much.... our estimate was $2200 for home insurance, and it seems like it has gone over that .... we are also out of option period so we probably cannot back out of it now ... 

Seller's current asking price is $525,000 but I was thinking of asking at $450,000.Property is zoned CMX-1 and is currently configured as commercial downstairs plus two apartments upstairs and basically in Shell condition.