Florida housing crisis escalates to worrying new high as record number of homes for saleThe housing crisis in Florida has reached a dramatic new milestone, with more homes on the market than ever before.

The initial condition report, tenant communications, and maintenance requests were properly recorded, proving that this issue had existed long before our management began.When the lawsuit came in, both the property owner and our company were off the hook—all because we had a clear, well-documented paper trail showing that the negligence occurred under the previous management.This situation reinforced one of the most valuable lessons in property management: Documentation isn’t just paperwork—it’s protection.✅ Always keep thorough records✅ Make communication traceable✅ Ensure maintenance requests are properly logged and addressedYou never know when good documentation will save you from a nightmare scenario.What’s the wildest property management situation you’ve encountered?

The lower your “Mission Driven %”, the higher your interest rate will be.Note - Mission Driven 80% AMI rents vary by unit type [IE - Studio, 1 Bed, 2 Bed, 3 Bed, etc] and location / zip code.

Originally posted by @Jene Goshay:I looking for some suggestions on security and monitor systems for my rehab projects.Something I can watch from my smartphone that will monitor any break-ins, check(watch) contractors, and video record whos going in and out of my projects while I am away.

Did your borrowers mention securing your investment with a recorded mortgage or deed of trust, personal guarantees, lender’s title insurance, or anything else?

The highest quality is drect from county records/courts/notices as soon as possible to the initiation of whatever lead it is(probate, pref, liens etc). 

Personnel Records AccessHouse Bill 3763 expands the Illinois Personnel Records Review Act, requiring employers to provide employees with access to a broader range of personnel records upon request.

Unless you have some super air tight triple pane windowed studio with 8” thick walls you need something else.

I am looking to buy a multifamily property that primarily has studio apartments.

Sold it, setting a new price record for the street at the time.