Hello everyone, I am new here to the community and also a new investor. What I seek is knowledge and advice on my current situation. I am all ears to what everyone has to say I am ready to absorb knowledge from everyo...

The reletting charge doesn’t release Tenant from continued liability for future or past-due rent; charges for cleaning, repairing, repainting, or dealing with unreturned keys; or other sums due.

It is not a one day process...just be ready to spend some time on this phase before you start construction/rehab on your future deals.Please share your building permit  experience in City of ATL  ..............................................

The whole idea of an LLC is to prevent future damages.The doctor said I could smoke cigarettes because most people don't get cancer from it.99% of the people asking about LLCs in the forums here do not need and can not form an LLC to carry a property in because they are using residential loans and don't have an LLC with 2 years of tax returns.

Even non-family buyers consider this when they think about long-term property value.Long-Term Marketability: Even if your target buyer for the flip isn’t directly interested in schools, future buyers might be.

A: Landlord has an obligation to provide clean water, suck it up and buy it.B: Hard water is bad for your plumbing, buy it hopefully to decrease future repairs.C: Water softeners, like under-sink disposals, ice makers, ceiling fans, love to break and cost you money.

If I were you and could do a refinance and get all or most of my investment out of the property, I would hold on and wait for the market to come back next year.You can get up to 80% LTV on a DSCR Refinance.I assume you are using a Property Manager, I would take a little more control of my future tenants and call their previous landlord to see if they made any repairs to the property while they were there, how many time they were late on their rent, etc. 

This is because 1) their case is bogus 2) they know they are in for a battle (I suspect they even know they are likely coming out looking like $hit).You can either pay the extortion or not, but if you pay the extortion I suspect you will pay again in the future like the victims of the extorting police officer.  

What you don't want is to be negative even if its $100 unless you have a plan where you know that the appreciation will help offset that negative rent or you know you can squeeze out more juice in the near future by adding more value to the property later.

Future risk is always a concern however never a value in an appraisal.