Him being behind isn't a shock, him not pulling permits for 2 weeks after the demo was started is a red flag.

Hello BP Members,I reside in San Gabriel Valley in california, about 15 minutes east of downtown LA.There is a good decent sized apartment complex not to far from where i live, i drive by there quite often, its on a c...

I send my tenants a screenshot of my excel tabulation and it computes what they owe in bold Red.

I would definitely purchase again in D.C. it's tricky to navigate but there are good section 8 tenants you just have to ask lot's of questions and red flags need to be resolved before accepting the tenant.

There is a lot of red tape, and you need to have a GC who can navigate the system.

I'm currently living in Redding, CA.

I'd like to get everyone's thoughts on a theory I've been pondering....I'm in Central PA and the market is and has been red hot for quite some time. 

New investors are well-advised to steer clear of C/D properties - the turnover, evictions, and Section 8 red tape are a hassle even for more experienced investors and the returns are rarely as good in real life as they look on paper, especially if you have to pay for a PM to manage an out of state investment.

And you're going to very clearly imply that they should be grateful about it, because after all, increasing these people's "financial literacy" and their "economic stability" is a good thing.This is going to happen in Georgia, a state where your great-grandfather would have had the legal right to buy their great-grandmother and do whatever he wanted to her, your grandfather might very probably have been able to get away with murdering their grandfather with a knife or a rope as long as he had some good friends with him and a sheet over his head, and your father would have had a chance to live in a neighborhood which allowed him to borrow money to buy a house while their father lived in a neighborhood where a mortgage could be refused due to an arbitrary red line on a map.I do not believe this is going to go over well.

If you do decide to do a 203k, make sure that you go with the stream lined version as this version allows you to have the minimum amount of red tape.