Purchase price: $275,000 Cash invested: $45,000 Sale price: $400,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

Did you get any updates on rent control?

Replying to this thread that’s 6 years old to see if anyone has seen an update in the law? 

Purchase price: $275,000 Cash invested: $45,000 Sale price: $410,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

Would I still have to go through closing lawyers and get the deed updated to my name or LLC? 

I update my prices weekly, adjusting just a bit here and there according to my own research.

However, always stay updated on local regulations related to STRs.In conclusion, Albuquerque presents a fascinating blend of opportunities for both new and seasoned real estate investors.

Quote from @Pankaj Malik: Update - Tenant has now requested County mediation to help resolve the dispute.

@Alba Cheung It would be nice if you provided us with an update.

Purchase price: $275,000 Cash invested: $45,000 Sale price: $400,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.