You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise egregiously violating the law.

The new owners will have need to start the process of becoming administrators as fast as possible.There are requirements set forth by the state dictated by the amount of beds, 6 beds and under is fairly simple and straightforward.

I'm not even going to show it to them.Just be careful that your prescreening questions/discussions follow Fair Housing law and are asked of everyone. 

Competition with owner-occupants and the age of the homes (70-120+) will squeeze your margins and expose you to a fair amount of risk.

It's not super amazing returns, but at the same time - it seems like a fairly low risk investment with Ann Arbor's large student body and continued demand for off campus living. 

This week, the City of Jacksonville Municipal Court ruled in favor of PadSplit, voiding citations for "illegal boarding houses" on constitutional and fair housing grounds.This marks a huge victory in expanding affordable housing solutions while navigating legal challenges.

My goal would be to be able to access those funds fairly quickly if more lending opportunities become available.

If he were to submit this, I'm fairly certain it would pass regardless of the consequences of doing so like for example much much higher sales tax in the 13-15% region.  

To be fair, it has only been up a week. 

In our area, its fairly "normal" for showings to happen after accepted offer to minimize disruption to tenants.