Next time, you may consider not supplying the W/D or offer them as a courtesy if they're already there but stipulate that if they break, you aren't fixing or replacing.

Numerous boarded homes and substantial vacancies would put a property in a D or F class. 

In essence, a $100K single family property in a decent B neighborhood that rents for $1K a month should be looked at with a very different lens than a multi-family property in a D or F grade area, for example.

Needless to say, all are D or C neighborhoods at best IMO, with which I'm unfamiliar since our condos are B or A.My investment goals (as of now) are buy-and-hold rentals. 

Supp. 3d 1288 | Casetext ...casetext.com › ... › 9th Cir. › D. OR

@Jason Malabute Are these properties in D or lower neighborhoods?

@Kuron McGrawYou can form your LLC directly on the state's website it would be the cheapest and fastest option.https://www.njportal.com/dor/businessformation/home/welcome

includes 2(A): It is alienable separate from the title to any other dwelling unit or is a subdivided interest in a subdivision, as specified in subdivision (b), (d), or (f) of Section 11004.5 of the Business and Professions Code, and the owner is a natural person who owns no more than two residential dwelling or house units.It'll be interesting to determine the answer to questions 1 and 2, specifically regarding whether the number of out-of-state rentals plays into this law.Thanks again,Ryan

@Quintin Green:You will need to close out any bank/credit accounts you opened for your LLC, and then because I am assuming you are the only person in your company, you can file online with the State of NJ here...https://www.njportal.com/DOR/A...

It may be something you create a clause for or discuss with sellers just as a backup backup all else fails plan D or something haha.