Mala,On the surface what you are proposing is illegal.

I would need more information to know for sure, but on the surface it looks like a good deal.

So on the surface it may appear to be a widening gap, but could it be that the population growing in the poorer groups is simply out pacing the population growth in the wealthier groups.

Another issue is zoning as a special use permit may be required, having special needs or more than 3 unrelated tenants is sometimes an issue.You may also be subject to inspections and ADA requirements, hard surface floors wider doors, etc. it's no walk in the park.After you get the permits and modify the place, you will get higher than market rents (due to mods) but you're also pretty well locked in to renting to that NP/agency, can't really take them to the cleaners as they can move on leaving you with a harder to rent dwelling too.Insurance will be more and you better keep the place up in tip top shape.

Both sellers hope to find buyers who run the surface numbers and determine the cash flow is suitable making each a good buy.Sound familiar?

If water is allowed to sit on the surface on a seam, it will penetrate into the floor and cause it to bubble.

This is because the mold should be just on the surface and shouldn't have penetrated into the drywall itself.

The washers that come in the kits sometimes are hard plastic with no flex and will leak with any abnormality surfaces in the tank where it seats down.

In addition woodwork and other semi-porous surfaces will require sealing of some form.

Before you rent, photograph every surface in good lighting and high detail.