I have witnessed horror stories where the purchaser of a MF had to spend thousands of dollars evicting the existing tenants and dealing with the damage they left upon leaving.

I've witnessed probably hundreds of forclosures and landlord hearings and never put to much thought into it.

I'm an insurance agent and I've never witnessed a claim not effect the premium.

Hi Again Anne, I have been a contractor for 30 plus years snd am currently working wit h someone who is buying, Rehabbing and flipping.

Originally posted by @Nicole W.:It's

While I have no doubt that cash-buyers receive a discount to some degree (in fact- I witness it everyday and regularly represent clients who are beneficiaries of this) I think that the extent to which it's reflected by this study is a bit overstated due to a hidden variable:A lot of cash purchases are made for value-add deals, or other cases where the property might face obstacles to financing.

When you start trying to "raise" money from private investors... there is the risk of being accused of issuing a security... which is a regulated activity .. and often may require compliance with both federal and state securities law.

That said, I would probably wit until the tenants are more established before inconveniencing them with projects.  

A lawyer or two have in their own "sneaky" ways have more or less hinted that some how Month to Month rental agreements are not legal and accused me of not paying Bed taxes, but my rental properties are not in the most favored sections on town and get renters with histories that are not very desirable.

I sent my trashy tenant from one of my rentals to collections WIT PLEASURE!