I intended to write the lease to hold both financially responsible regardless of occupancy (effectively making her a co-signer), but I’m worried that I’ll end up evicting him if she ever does move. 

And I think this effect will be exaggerated along the Wasatch Front metros like Salt Lake City, Provo, and Ogden, UT.

What lists have been most effective for motivated sellers?

This property was successfully sold for $27,000 in just a few weeks, demonstrating the effectiveness of a well-executed micro-flip.

This not only eliminates dependency on third-party property managers, but also provides greater control over operations and assures continuous quality management.While the best threshold for in-house management is between 80 and 100 units, I recommend that investors focus on properties within this range for effective operations.

So unless you need extensive work to floor plan, which changes load bearing walls, etc, then I would say, the renovation will likely be slightly more cost effective, still put you closer in rent to new construction, and provide a low maintenance property for years, given everything will be new eitherway.

I’d love to hear insights on how to navigate these challenges effectively.

As you may know, effective January 1, 2025, the Section 8 voucher payment standards (VPS) in many zip codes in the City (and County) of Los Angeles were reduced.

As a result, my bill has effectively risen from $500 bi-monthly to $700 monthly since the pipe replacement.

Brie Schmidt Zdravkovic and Bob Floss have a video discussing the challenges and effects of this ordinance including how it has impacted the DC market since the 1980’s.