You can always request Medical Documentation: Request documentation of her medical situation and a letter from her doctor to make sure her condition will improve and ask if she is up for taking care of the property while she is recovering.Check Her References: Contact previous landlords for references to get a sense of her reliability as a tenant.Lease Terms: You can always start with a 6 month or a 1-year lease option if you have a good idea of her overall health condition.  

Health and safety2.

Tenant risk is lease term remaining, sales/billings from the location, overall financial health of the tenant (i.e. solo practitioner with this one center as their sole source of income and declining billings, will not likely keep the property well maintained, and when they move out, you will have work to do), need for this use and/or competitive urgent cares in area, etc. 

My property manager is getting old and is having health issues.

Hello BP community, I am reaching out for advice on a financial decision I made that I am now realizing was a mistake. I used a HELOC on my primary residence to purchase a long term rental investment property. Subsequ...

I had a client in Scottsdale last year who faced a similar dilemma—they were purchasing an STR in December, with existing rentals in place, and they wanted to take full advantage of bonus depreciation for that year.So, for Question 1, the short answer is no, it doesn’t necessarily negate the STR loophole for 2024 just because a property management company is running the show for a few months.

However, landlords are investing heavily in upgrading office spaces to meet modern tenant demands, such as flexible work setups and health-conscious designs.

Given your situation, it sounds like you’re facing a classic investor dilemma: do you throw more money at repairs to sell at a higher price, or do you cut your losses and drop the listing price?

Or that health insurance is increasing due to increased cost of healthcare, so no inflation to report there.

You are NOT paying for our labor and materials , its much more than that , office staff , trucks , tools , insurance , taxes , benefits , health insurance , etc are all part of the price .