Also, can you clarify if this is triple net lease or not?

However if you do somehow get caught I assume there could be some substantial fines for not having the multi family license and not getting it inspected.To put potential fines in perspective, I regularly see fines of $500 for not registering a property and these triple to $1500 in 60 days.

I'd recommend Triple E Property Management, www.3epropertymgt.com , I worked with them as a PM for over 6 years. 

A duplex is purchased and Triple net leased to a business operator of a Short Term Vacation Rental at 10% or $20,000 net income.

Right now on the coast of the Sonora State in Mexico...in "Kino Bay" or "Bahia de Kino", we just started a pre-sale on our property lots, located in a gated community of over 320 future luxury homes.These property lots will double or even triple in value within 1 to 3 years.Find out what proyects will detonate this area.excellent ocean view, beautiful sunsets, excellent weather.75% of the population are Americans, 15% Canadianas and the other 10% Mexican Nationals....English is the prevalent language spoken there...Excellent retirement community.pm me for more Information about this development and to learn as to why it is an excellent investment opportunity.thank you vey much,

Lonnie deals are basically tripled out here or more.

Meanwhile the rents and inflation have continued to increase, giving them astronomical ROI (triple digits).When the rents are frozen, or unable to float to meet demand, its a barrier to entry for new investors.

It's like investing in a a triple 'A' bond at this point.

Instead of $200-$400/month you can triple or quadruple if you do it right. 

Youngstown, I would not touch, Akron/ Cleveland, has done very well, pricing has more then doubled tripled quadrupedled  or more over the last 10 years, If you are cash, ( all my transactions have been ) you can get 10% or better net caps I see it weeklyAll the best