This situation highlights why working with a solid team and prioritizing financial and tenant verification is essential.

Are you essentially saying the expected higher interest rate is the main issue with the strategy?

Maverick pointed to the agreement we signed that essentially relieved Maverick from any financial losses suffered by us.

We have an addendum that we serve if this occurs that essentially gives notice that the home has been abandoned, and if we don't hear back from the tenant in the prescribed period we will take the property back per state code.Check to see if Georgia has this same thing.Then update your leases to include this for future tenants.Or find a rental association that provides leases with these baked in.

A nice potential boost for downtown Louisville. 

They essentially act as a property management company but charge double the fees for fewer services.

Pre-approval for loans is essential, as is learning landlord-tenant laws to manage effectively.

I successfully operate a small portfolio (3 duplexes and three single families) out of state and a good  property manager is essential. 

I"m curious - is the lot fee essentially the MHP equivalent of property taxes?

Hey @Isadore NelsonNYC’s tenant protection laws are strict, especially with rent-stabilized units and longer eviction timelines, so it’s essential to go in fully informed.