Just always a risk not knowing how long I’ll have to float those vacancies.Really wasn’t expecting any of this and kind of blindsided today, expecting to close around April 13th.  

I was blind-sided with the news that my recently bought two-family home is legally a SINGLE FAMILY dwelling. 

We were really blindsided by the situation. 

Unfortunately I made a very poor mistake in allowing them to continue in signing the lease when I was blindsided by them having a pet so close to signing.

It's done much better than I predicted (due to the summer months probably) and I want to ensure I have all my ducks in a row for next year's taxes so I don't get blindsided.

Horror stories abound of owners being tempted to sign with a manager based on a low quoted commission rate, only to be blindsided when the effective commission rate was more than double the amount quoted due to “additional fees and management services.”Always do your homework upfront, and know how much you can expect to make before agreeing to any arrangement.Our site has a personalized tool to help you figure out how much your property should be making in annual rental income4.

She emailed us back saying she is basically blindsided by this last minute change in the terms and our request for security deposit and now will not sign lease.

Stephen:Just a heads up so you don't get blindsided, Fannie & Freddie recently reduced the maximum number from 10 to 4.

It always stated at the end that the reserve was not met and a counter was then made to the blindsided winning bid.

If there is a flaw in the model be it legal or financial, the model is unsustainable.So, if your tenant is not legit (ie insurance) then this poses a flaw in your model so you need to remedy it ASAP before one of the many NYC agencies blindsides you and deals with it for you.If this tenant is "very nice" then you should ask her to present the appropriate documentation for operating in your building and this should not be an issue.