I don't foresee Texas implementing a similar law, but I'd be interested to know how this change has affected others.Side note: It's not the Section 8 tenants that I'm avoiding, it's the government bureaucracy that comes with it.I believe the majority of the US population lives in states with the same law.How do we navigate it in those states?

Search for the BP podcast episode with Jude Bernard - he is very active in NYC.

@Sharma Parth the company is out of Arizona and in 12 markets.Just a few years ago, Flint had a major crisis due to lead water line poisonings.

I am in a pickle right now because my mom is turning 80 and not very active.

Purchasing the LLC gives you ownership of the property, but it also opens you up to additional legal exposure since the entity has been active, and there is no way to really know for sure what else they used the LLC for.

As an active-duty (soon transitioning) Air Force myself, I know the VA loan is a powerful asset for us.

Now we're seeing major disasters in densely populated areas and insurance companies can't maintain their profit margins.

For the vast majority of Conventional, FHA, and VA mortgages you are only guaranteeing the lender that you'll live in the property as your primary residence for a minimum of 12 months.

The major pieces of information you are missing include NOI which includes deducting all of your operating expenses from your gross rents sans debt service, market dynamics (what are vacancy rates and asking rents like in the market the building is located in?)

I'd also go through and look to see if there are major problems-eg is the water bill higher than expected because there is a leaky toilet or faucet, put some inexpensive low flow shower heads in.