Investment Info:Small multi-family (2-4 units) buy & hold investment.Purchase price: $247,900Cash invested: $19,000Closed on my 3rd house hack in January 2024 and wow this one has been quite the property.  

The hires and quits rate was basically unchanged.

It can be quite subjective but based on our past experiences it has worked for us.

•I want to serve a notice to quit and have the tenant out ASAP.I have a new tenant moving in on August 1st and need to renovate the place for 10 days.

•I want to serve a notice to quit and have the tenant out this week.I have a new tenant moving in on August 1st and need to renovate the place for 10 days.

Hi Joe,  I see you have quite a few responses already to choose from.

As a lender, every FSBO I've done has been quite painful.

I could've lent the money out or invested in notes, but I'm more interested right now in asset accumulation.I ended up simply rolling my SDIRA into my current 401k and taking a loan against that, thereby being able to utilize almost 100% of those funds (not quite at $100k in the 401k, but close) and purchase a duplex with a conventional 30 year loan.If I had $150k or more in my SDIRA I would have looked at other options, but with only $50k I found the path I chose to make the most sense.

Here is a clause I found in the Ordinance that I don't quite understand:Tenants of any residential properties may present a written petition signed by a majority of the tenants and consented to by the landlord of the property agreeing to a specific rent surcharge for a specific purpose or project, and providing for the landlord's permission to permit the tenant's representative to review the expenditures involved for the particular purpose or project surcharge.

One of the properties had foundation issues; I was aware of this from the inspection report but it ended up being quite extensive.