Have you reached out to any social service organizations that might be able to provide tenants to your property?

While they can provide valuable advice, you must advocate for yourself and trust your instincts.Selling real estate—especially multi-use properties—can be full of surprises.

Provide clear instructions on where and how to pay to avoid confusion.Recover Security Deposits: The current property manager is legally obligated to transfer tenant security deposits to you or the new management company.

This provided Archie Raglin with the financial backing to close quickly, ensuring no delays and maximizing the opportunity for a fast sale at a profit.

The tax treatment in such cases may vary depending on specific circumstances.

This implies residential units can be built at lower costs and provide better return. 11) adding an ADU to SFH can make the SFH fall under rent control.

In many places there are some utilities provided by the municipality.

This approach helps manage costs while providing predictability for tenants.Thanks @Julia Lyrberg!

These properties can provide cash flow and diversification while qualifying for favorable residential loans.

Plus, they provide great opportunities for cash flow, especially if you’re looking to scale and reinvest profits into future properties.If you’d like to connect or chat more about strategies, deals, or even market insights, feel free to reach out.