Purchase price: $10,600 Sale price: $16,000 The owner of this property had passed and the property was transferred to her children who were injured, out of work and needed to sell.

That raises some liability issues with Party C if they are injured or feel your aren't living up to your lease agreement. 

Its very easy to injure yourself so work carefully and you need to be comfortable with handling tools.

If a tenant gets injured in one of your properties and sues the LLC, all of the properties owned by that LLC will be at risk to satisfy a judgment. 

That lawsuit is a claim for fraud, and that’s what fraud typically is...a misunderstanding and someone being “injured” and wanting to hold the other responsible for it.

I do provide a nice little welcome basket, but no booze.Frankly all it will take is one person getting in an accident and injured after drinking something you left behind.

Hi Marc,I'd assume it will draw a particular type of tenant, and a particular type of criminal.Plus you could only enforce it after the fact, and would it stand up in court (Constitutional Right, will they evict for that).And would you be opening yourself up to a lawsuit for not being diligent enough in enforcing it when someone shoots through a wall and injures a neighbor?

I've spent a lot of money on upgrades that weren't necessarily needed, but the thought of someone even having a slight chance of getting injured on my property was worth doing the work.

A window that will not stay up is actually a safety issue as a person maybe injured if an open window falls unexpectedly.

And just try to sleep knowing financially you’ll be ok no matter who’s killed or injured because you just couldn’t find anyone else to rent to.