My tenants called the City to try and get it adjusted, and they pushed it onto me.How would you handle the situation?

Well-intentioned, but there’s some uninformed advice here and misunderstandings about what can and cannot be adjusted.

@Jake Thorpe, I would seek out a good public insurance adjuster.

I recommend you do this annually to adjust for utility increases and other variables.

However, you need to consider: - **Future rent increases**: Can you adjust the rent to help cover potential repairs or property management costs if you’re managing from afar?

I really wouldn't do anything different rehabbing/flipping late in the year, except maybe adjust my underwriting.

However, you will need to adapt and adjust the plan as you grow and learn more.

Should a "Crash" does happen, just adjust again until you figure out what is working and move on, adjust, etc.

For example, you may eat a loss like this and adjust the scope of work by changing the type of flooring you use in parts of the house.

But this is the property that needs the most attention as far as making little price adjustments, top notch guest communications, great team on the ground, etc.Adding a theme to one or more rooms is a must.