Hey @Isadore NelsonNYC’s tenant protection laws are strict, especially with rent-stabilized units and longer eviction timelines, so it’s essential to go in fully informed.

Do nothing...the tenant isn't renting that area and has no right to dictate how you use it as long as it poses no security/safety risk to them. 

Essentially, I am betting that rates won't go low enough where it makes sense to refinance.

Portfolio Loans: These loans allow you to finance multiple properties under one loan, simplifying the management and refinancing process.Project ManagementManaging timelines and avoiding bottlenecks is essential when handling multiple rehabs.

Ideally, you'd want closer to $40k-$50k to feel truly comfortable and have a safety net for your first investment property.

When you see what people do with old space heaters, guards and safety removed, plugging in several in one overloaded extension cors,... you can see where the concern is coming from.

Account ClosedThis thread was about somebody asking for help buying property in Tulum, not about you or me being right about safety issues in the country.

Cleveland itself much cheaper, but Cleveland itself is essentially one big Section 8 ghetto more or less.

That’s why I invested in rentals—to have a safety net.I'm not exactly sure where you're at, but if your current situation is causing frustration or stress, there’s no shame in selling a property to free up capital.

If they find something I didn’t know about and they couldn’t have, or safety related then I’ll consider/cover some of it.