So, essentially, you are introducing a new uncontrollable risk into your landlord proforma.

Issue two is that because it is essentially a game of telephone, there are delays and many misunderstandings. 

The eviction came about after this management company essentially held the house ransom stating they would not vacate the property unless I wire transferred funds to meet their $3,650 demand.

Without a contract in place, and with no prices being quoted, or estimates made beforehand, we have what’s essentially an after the fact negotiation.  

For example FHA guidelines say you can deny an ESA if they cause an undue financial burden, cause a direct threat to the health and safety of others (the letter from the neighbor supports this), or cause substantial physical damage to the property.

My other investments focus on the mid-term rental space, and I’m drawn to Jacksonville to stay near hospitals and schools, which are essential for my target demographic.I’d love insights on the strength of the current market here, any projected trends, and tips for making a solid investment in this location.

Early research and collaboration with local authorities are essential to streamline the process.

Maintaining clear communication with existing tenants is essential during redevelopment projects.

Maintaining clear communication with existing tenants is essential during redevelopment projects.

Maintaining clear communication with existing tenants is essential during redevelopment projects.