To be fair, they sold me the home, so as long as it ends up in the rentable condition noted in the purchase agreement, I see no responsibility on their part to stick around for another 2-3 years.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

Need some advice on the best way to structure this deal that's fair and beneficial for a 3 person LLC/partnership agreement. 

So yes, at one point or another (and fairly soon) the government (local/state/federal, "big" or "small") can coerce clean up.Your scenario depends on responsible owners/insurers with assets, Jim.

It’s not the most conventional inventory, but there’s been a fairly consistent pipeline of retiree buyers from what I’ve heard.

Making long-term tenants even more valuable.Show the tenant what market rent is and ask them what a fair increase would be.

I think you'll just generally have less competition, so your chances of landing a property are higher, but I'm not seeing any bargains due to seasonality like there used to be.

When an owner passes away, the property’s tax basis is reset to its fair market value on the date of death (this is known as the “step-up basis”).

Transparency is important to me, and I want to build partnerships that are fair and mutually beneficial.If you’re in California or have an interest in the multi-family market here, let’s connect!

In MA, you can usually get insured with Fair Plan with certain pets, but it is VERY expensive.