It’s a balancing act of controlling costs while also controlling risk of personal injury to your tenants and property visitors as well as maintaining goodwill with all involved at the properties. 

For example, if local regulations require energy-efficient upgrades, prioritize these changes to avoid fines and demonstrate your commitment to sustainable practices.Case Study: In 2020, many cities introduced rent control measures.

The only thing constant in life is change AND ultimately the only thing we control in life is our Response to what happens.  

So you have little control of performance, no mercy from your tenant pool, and a lot of risk in neighborhood.

That bet didn't pay...At the end of the day, deportations and tariffs are things us RE investors can't control, so instead, focus on things you can control. 

In the event of an acquisition your "Checkbook Control" set up would not change.

Did you get any updates on rent control?

Just thank your deity that you don’t live in a rent controlled city/state.

You can tell the tenant that they can ignore the notice as long as they follow through on paying.As the landlord you want to maintain control of the situation - not allow the tenant to do so.

Once again, Chris and the team communicated frequently about preparations and damage control.