Does the contract include a monetary damages provision?

I am just out side of Elkhorn, WI and selling our property the is 5 blocks from the lake.

The city operates on a block-by-block basis, and understanding those nuances takes legwork—or working with someone who truly knows the area.

In Wilkes-Barre there are lots of side by side duplexes (double blocks) that are separately titled.

My #1 fear going into this was partying guests disturbing neighbors and damaging the property.

They usually have a process for filing a claim with the city for damage caused by them, and they may be willing to cover it.

@Isaac Terry Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

This way if there’s physical damage by residents the company pays the first $500 to fix it.

The population is officially growing again, and there’s been a lot of investment in infrastructure and development in recent years, which makes it unique compared to some other Midwest markets.One thing to keep in mind, though, is that Detroit is very much a block-by-block city.

I'm a out of state landlord, the tenant skipped out last month and left me with a damaged, filthy, full of garbage and roaches house.