I chose this larger apartment because I had initially planned to rent out the spare bed + bath for $700-800/mo, but he stopped me because he 'wanted to ensure our privacy.' 

I don’t want to give them more info/ammo than necessary.It's worth looking at the lease agreement and ensuring they are in compliance.

Explain your worries about potential damage to the new porch and noise disturbance, especially if it's causing vibrations that could affect the structure or annoy neighbors.Consider Amendments: If your lease agreement doesn't currently address items like punching bags specifically, consider adding an amendment that outlines rules for using outdoor spaces to prevent future misunderstandings.Document Agreements: Whatever agreement you come to with your tenants, document it in writing to ensure clarity and as a reference in case issues arise later.If you need any further assistance or would like to discuss please feel free to DM me!

For example, agency lenders may have specific restrictions based on market preferences and require a minimum debt service coverage ratio (DSCR).Understanding these market-specific nuances is crucial to ensure your deal aligns with the lender's criteria.I've encountered solid deals that were hindered by financing constraints.

It's important to thoroughly vet potential tenants to ensure that they are reliable and will take good care of your property. 

This ensures you’re not being overcharged or paying for unnecessary work. 

The city's diverse economy, favorable tax environment, and high quality of life attract a steady stream of new residents, ensuring robust rental income and long-term growth potential.

The key is to ensure it will cash flow once you leave a year later with all the units rented.

Research local rental market trends for 3-bedroom, 2-bathroom homes to determine competitive rental rates and ensure they align with your financial goals.Consulting with local real estate professionals can provide valuable insights into market trends and potential challenges.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.