Having a safe forum for LPs the share their experiences is needed.Cheryl  In EVERY business there are two kinds of market participants; the people/companies in it for the long haul, through both good and not so good economic times, consisting of EXPERIENCED, PROFESSIONALS whose careers are dedicated to and dependent on fulfilling the needs of their clients/customers.The other type of participant are in the particular business because it’s OPPORTUNISTIC for them to be in it AT THE TIME.  

I assumed that was a good thing and the 5% K&T wasn't a problem since everything was working correctly and safely.

The 1% rule incredibly flawed, even as a short form underwriting technique.

I'm in a safe community where crime is low, so we don't have to worry about squatters, missing appliances, etc.

While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.

It's been a great privilege to work with the City of Maple Heights to establish the egress window codes in alignment with the Ohio Building Codes, so the residents can begin to have safe and beautifully renovated properties when there is such a need.

Hi I hope you all are doing wellI am looking to invest around the Lindell Bvld area but looking at the crime map it seems like it's not safe and looking at rentals there are too many rentals available leading to a saturated market.

I recently thought I found a great duplex but when a local agent toured the property for me, they didn't even feel safe which lead us to believe finding the right tenants would be a challenge. 

I don't know your market at all, but it's common for neighborhoods next to the hospital to not always feel safe to out of town nurses--- so just know proximity isn't always the main point.

Depends on the age of the building, mechanical systems, etc but good rule of thumb is 6 months of reserves liquid to feel safe