We are closing on our first quadplex next month.

This property is always between 60 - 75 percent occupancy, so we are not desperate for bookings. 

I own an investment property in Tampa (at least I hope I still do after Milton goes through but we are not in a flood zone).I was wondering where home prices go on functional homes following a large natural disaster like a flood, fire or hurricane.I was thinking prices would go up shortly after the disaster since many other homes were damaged or destroyed, therefore supply is low and demand is high.The reason I ask is because I have a refi coming up following a fix & hold purchase.

Generally speaking, the responsibility for repairs like this depends on the lease terms and local landlord-tenant laws.If it was a malfunction with the lock (wear and tear), it could be considered the landlord's responsibility to cover the cost, since maintaining the unit in a habitable condition is part of our duty.

It would be nice though if they communicated and if they need to ride it out so be it thats just the market we are in for those types of assets.

Any small damages by the tenant he will make the owner pay for it and claim it’s normal wear and tear when it’s clearly the tenants fault.

We are looking at multifamily 2-5 units.

At this point we are not able to find a solution except that we need to hire a lawyer which will add to the cost.

We currently are under contract to buy a .3 acre lot in downtown that is in a frequent transit area, which means we are allowed to build two accessory dwelling units on the lot. we are also zoned for a duplex, so that’s the plan!

After we move in 4-5 years, I would rent out both units.Pros:Potential for long-term appreciation in San Diego.Cons:The property will not cash flow enough to cover the mortgage while we are living there.After we move, it would provide very low returns and minimal cash flow.Would require a significant portion of my liquidity, making it harder to invest elsewhere and grow my rental portfolio.2.