Not one lawsuit, the guests are respectful of the place and it's easy to repeat the formula in multiple real estate markets across the country.

If it's something as easy as adding a parking pad then I would say it usually can make sense.

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.

Again while they may legally be bound to an agreement, you are going to have to go through the court system to get them to abide by it, and that is not going to be easy or cheap.I see your point.

Sounds like a pretty easy way to get in over my head fast, but at the same time, it seems like an opportunity to pick up a property WAY under market value and there theoretically should still be plenty of meat on the bone.

So the places we all encounter that don't even have a wheelchair ramp at the entrance (at the appropriate incline, etc), even though it would be relatively easy to put in, aren't compliant (envision a storefront set back 10 feet from the sidewalk).

As for my MTR listing, I have 100% occupancy on it but I have a very easy target MTR market of visiting scholars. 

I honestly feel bad saying that because anyone that has saved up $25K to invest should be darn proud of what they have accomplished as that's no easy feat. 

The point about the "trailer trash" mentality is that it makes it easy to dismiss tenants as undeserving, uneducated, undesirable.  

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.