This happens on all 6 units and it doesn't matter if the tenants clean the inside lent trap or not this still happens in about 3 weeks time.

Additionally buyer waives all rights to terminate contract and obtain a refund of earnest money granted in section 6B of the Contract for Sale and Purchase.

Am I reading your post right: you fell into the trap of overpaying for your no-money-down primary?

What's the general consensus on newbies investing in section 8 rentals?

I am curious to know what the traps are for keeping an existing tenant in place, if any.

I've read about painting the basement with a polymer type paint to prevent ground water from leaking in but the basement opens into the crawl space under the house and I'm afraid that any water from the crawl space will just be trapped and have no where to go we are talking about 12 to 18 inches of water.

Examples of a breach of this warranty include the failure to provide heat or hot water on a regular basis, or the failure to rid an apartment of an insect infestation.Public areas of the building are also covered by the warranty of habit-ability.

It feels like we’re all trapped in an antiquated mode of “this is how its always been done so this is how we have to do it.”

The point is, this is a constant in this business, but you get better at sniffing out the BS and avoiding the traps, as time goes along.

As far as what turned me onto Real Estate, the idea hit me while reading “Rich Dad, Poor Dad”; I realized I was stuck in the “rat trap” and I want out.