Mold isn’t that big of a deal in itself if caught and addressed early, which means stopping the cause (water penetration) early, but if you have rotten wood, saggy floors, ceiling damage etc. then the ship has sailed on nipping it in the bud early.

Actually, you should have served them notice the minute the septic failed but that ship has sailed. 

If you get a home on the cycle of when officers ship in and out you can almost guaranty that you have great tenants paying off your investment!

This is a blood, sweat, tears, and toil kind of thing to learn how to profitably renovate an old MF building with tons of deferred maintenance issues and turn it into a tight little ship that puts a lot of money in your pocket.

It will largely depend on how good you are at finding the right deal, negotiating the best price, managing the rehab and running a tight ship as far as the day to day property management.

Good morning fellow BP members!I've written a few posts, so I figured I'd catch anyone who cares up, and maybe get some other points of view on what I have going on right now.ReCap- I bought my first rental property, ...

Hello all,I am looking for architects, lenders, and partners in buying land in great markets to build a multi-family community made of shipping containers.

I also prefer the team atmosphere, "a rising tide lifts all ships" or something like that right?

Sometimes the underlying mortgage has covenants against granting any other second lien mortgages.

I have seen some turned into jewelry stores, camera display store, restaurant speakeasy type thing, Fed Ex shipping type place, etc.