No-one's forcing you to spend it ahead of needing that "little room", and interest rates are still negligible really.Wouldn't you like the flexibility, if:- an unexpected opportunity to be the FIRST off the block - to snap up your NEXT no-brainer "B"?

The CDPH informed that the tenants may sue the landlord (or me if I acquire the property) for negligence if he has knowledge and no remediation action is taken.

For example, if you're my employee and you get sued for, say, negligence.

Damages that result from negligence, etc are a different story.  

. - Vacancies due to (extreme) neglect and negligence/deferred maintenance, not lack of demand. - Large lots (5 acres = 1/8 acre each + recreation space)- city water and septic, sewer available right outside.So, the rule of thumb is 14 units rented @ $200 lot rent * 12 mos * 50% expense ratio * 10 cap = $168k.

Originally posted by Account Closed:when u put your property into an llc, you have an added layer of protection should someone decide to sue you. if you do not take any profits from entity(llc) the person suing cannot collect. and if they do try, they have to pay taxes on property till they collect. most lawyers will not file against an llc as there is no money to be made. if they can prove you negligent as manager claim can only be made on propertys in that specific llc. 

The statsitics we've seen are that 60% of property claims are caused by tenant negligence...so, yes, requiring AND enforcing this (where not prohibited to require it) is good advice...

If they are negligently damaging the unit you can serve a "cure or quit" which basically says fix X or vacate the premises or be subject to eviction.That is your legal standing to cause them to fix things or be able to begin legal action if you needed to prevent further damage to your unit.

Stating a dollar limit is not a good idea, repairs are on a landlord unless arising from negligence or intentional damage by a tenant.

The mold is not due to negligence on my part.