East Village is undergoing a multi-million dollar development and it's a great time to get in early and buy in the surrounding areas. 

Here's one nightmare scenario:Adult children move in without signing a lease or undergoing any screening or verificationCurrent on-lease tenant suddenly moves outThe "temporary situation" ends up lasting a year or moreNow you've got two unknown entities living in your property: no SSN, no credit check, no criminal background check, no rent verificationNope...Every (EVERY!)

That falls under the legal doctrine of "Pigs get fat and Hogs get slaughtered."

In fact, after seeing the rent rates the thought that popped into my head was "if it were me I'd be sitting fat and happy with that cashflow, but I'd still advertise it for sale at my "make me sell" price and be tickled by the cash-out if it came."

We're all million dollar fat cats juggling 100 apartment buildings in a portfolio, don't'cha'know, and living off our yachts on the Riviera.

If you delead, and maintain the standard, you will be in the clear.Here's the law (emphasis added by me):460.100: Duty of Owner(s) of Residential Premises (B) Whenever any residential premises containing dangerous levels of lead in paint, plaster or other accessible structural material undergoes a change of ownership and as a result a child younger than six years old will become or will continue to be a resident therein, the new owner shall have 90 days after becoming the owner to obtain a Letter of Full Compliance or a Letter of Interim Control, except that if a child younger than six years old who is lead poisoned resides therein, the owner shall not be eligible for interim control, unless the Director grants a waiver pursuant to 105 CMR 460.100(A)(3).

We’re not getting fat by being lazy; we’re doing the work ourselves.

But what you see is affordability as a big fat Oxymoron. 

We’ve already cut the fat including thing that are “wants” and not needs and we still have a lot of things that must happen before we can list it including some structural projects and sump pump issues etc…I’m working two jobs and caring for 3 kids and husband is working 10-12 hour days so obviously time is limited.

The mentality is "Ban the 46 OZ soda at the convenience store because people can't control themselves and they are too fat."