Hi Chicagoland BP community! Looking for some referrals for contractors who could come and check a finished basement that had minor flooding after the recent storm in Chicago (Avondale). I didn't get a lot of water an...

Mike thinks 15% of rent would cover vacancy, maintenance/cap ex, misc (missed payments, asset protection (actually I am not surehebelieves in asset protection), utilities from property failure such as slab leak).  

@Ryan Randall  Looks like it might be.New Hampshire Revised Statutes Section 153:10-a (2022) - Automatic Fire Warning Devices and Carbon Monoxide Detection Devices in Dwellings. :: 2022 New Hampshire Revised Statutes :: US Codes and Statutes :: US Law :: Justia

But now on disclosure we will write something like "roof likely leaked" or something to that effect if we are replacing the roof and we are not sure if there were any active or past leaks.Originally posted by @Jonathan A.

The roof leaks and has to be repaired by the time the rain comes and there's no heating or AC units.The partner’s focus on finishing the project to perfection rather than timely completion has further delayed progress, and our financial situation has worsened as we struggle to pay the mortgage.Given these circumstances, we’re considering selling the property.

Are you going to handle 1 am toilet leaks? 

My assistant or I via Googling/people search sites, plus we use Batchleads, plus Fred down in FL (who used to be a private detective) on the hard-to-find ones........

I actually had a deal on the table, as a hard lender, for an even split between the project manager, myself and the contractor (a close friend), for 33% across the board, but upon inspection, a water problem was detected and we rescinded the offer.  

On the contrary, business identity theft is as real and as difficult to detect as it is to stop.

Main things we are looking for are:1) Are residents keeping property in decent shape2) Any leaks or issues that could lead to substantial damage3) Any capital repair concerns (mostly foundation) that we might need to address4) Long term guests who aren't on the lease, pets who they're not supposed to have, etc.We also change the furnace filters (because we don't trust them to do that), clean off the AC units and are considering cleaning the gutters for an added fee if tenants request it.