I know what the rents should be for each of the units (2 vacant and 1 significantly under market), the taxes are listed on the MLS, I’m familiar with the water/sewer costs in close proximity to this building, and I know what percentage to use for my Vacancy, CapEx, and repairs and maintenance based on my knowledge of the local market.

If I buy a house for $400k, and the market drops and the house is now worth $300k, I am under water.

Quote from @Adam Bartomeo: Quote from @Jay Hinrichs: U also are fighting all the investor who flooded int to build new homes for rental purposes so OVER supply.. and we know a ton of those got stuck with bad builders and are being worked out so supply is going to keep coming in ..

My clients appreciate that. 10 years ago, people used to offer you lunch, drinks, etc. no one even offers a glass if water anymore.

Real Estate: Starting OutYesterday, I found out that my tenants had their water disconnected.

Houses that sustained fire events have long term consequences including structural damage and mold that results from water intrusion required to extinguish the fire.

Village to Village Network (https://www.vtvnetwork.org/) and Men’s Sheds Association (https://usmenssheds.org/) are successful models of people building community to improve the aging experience.So drawing on Dr Thomas and Nancy’s work and incorporating cohousing and pocket neighborhood elements into my communities, I have chosen to use shipping container homes in areas along the Texas coast where storms frequently cause wind and water damage.

Quote from @Natalie Allie: If you are still considering the Land Bank in Detroit listings, just be careful to check with the city on whether or not the water needs to be reconnected.

Water bill triples so they want to check for leaks, too many cars parked in the street. 

Started out asking $300 rent and $600 deposit ($900.00) for a one bedroom with water, sewer and trash provided.