The HOA would also need to handle the negotiation and administration, which can be a lot of work.

Here are three articles that made it into the papers:"Addiction treatment group buys building in Main South, fueling neighborhood angst""Spectrum Health Systems adds property in Worcester as it moves headquarters to Westborough""Main South neighborhood remains on edge about planned drug treatment facility"I find it ironic that no one asked me (the listing agent) how the owner of the property chose Spectrum Health as the buyer.

This is a hoarding situation in and on the whole property where neighbors have complained for years with police out on a regular basis and drug use that now the property finally got condemned and they will most likely just walk away from the property and leave it( you would have to see what is outside of the house to believe it).

I decided to us a 1031 Tax Deferred Exchange in selling the property and as I was moving my family from Balt. due to the crime, drugs and gangs.

I’m 99% sure they’re drug addicts.

A general warranty deed generally contains the clause that follows:“Grantor does hereby bind Grantor, Grantor’s heirs, executors, and administrators to WARRANT AND FOREVER DEFEND all and singular the Property, subject to the matters set forth in this General Warranty Deed, unto the said Grantee, his heirs, and assigns, against every person whomsoever, lawfully claiming or to claim the same, or any part thereof.”Special Warranty DeedOn the other hand, a special warranty deed provides buyer limited warranties to the defects arising only during the seller’s period of ownership.

Common illegal activities are involvement in drugs, subleasing the property without prior approval, illegal gaming or gambling, cockfights.Holding overA holdover tenant is someone who continues to stay in the rented property without the consent of the landlord even if the lease has already expired or has been terminated.

Whether it is to build out your own in-house PM company, renegotiate vendor contracts on your properties with your new unit count as your bargaining chip, or just build out a more robust administrative team, now is the time to do it to support your needs for the next market phase.

Tenants that are rough on property, pay late, are alcoholics or drug users, are rude to neighbors, are a pain in the a$$, etc.  

We are a 3rd party administrator hired by an investor to help with communication, paperwork and deal flow throughout the transaction.