@Hoai Nguyen suggest modifying your current lease to cover multi-family setup.Parking, shared access, police report required for landlord to get involved in disputes, etc.

Michigan has no laws about late fees, by you need to check your state & local statutes.Conceptually, if you don't have a solid Late Fee policy, you will eventually get taken advantage of.What we do as a PMC, much of it automated:1) Rent Due Date: first of month- Don't ever modify this as too complicated to track!

Or I let each PM modify the listing I own?

Not to mention we have grown our PM staff by almost 50% to help better support our growth and overall management.We are currently building out 5,000 lots ion Florida If you would like a free copy of my best selling book "Passive Income Playbook: How To Leverage Build to Rent Real Estate to Buy Back Your Time And Have a Legendary Family Life"  just let us know and we will send you a copy thanks Brandon  owned by a Japanese company, the floorplans are pretty poorly designed and larger than build to rent should be. the 4 plex they have is a higher price per door than th national average and needs to be modified. horrible designs.

This strategy is actually discussed in the book 'The Millionaire Real Estate Investor'.I am actually doing a modified version of this plan.

All of the below modified loans were performing pursuant to their contractual terms at March 31, 2024.During the first quarter of 2024, we modified twenty-three multifamily bridge loans with a total UPB of $1.07 billion.

.- Take time to understand what your PMC is doing and ask how much they can modify to your liking. 4) a PMC can't be everything to every owner- If your PMC refuses to address the above or their answers inadequate it's probably time to terminate your relationship with them.

I'll definitely be modifying my process.

On that campground, we have a conditional use permit (CUP) and have been approved by San Bernardino County by land use services to modify the prexissiting CUP with some additional units, dry to wet campground, pool, gazebos, utility building, etc. it’s a big project.

@Chris G. any contract can be modified if all parties agree and sign it.Otherwise, your contract should have a renewal period or notice period with which either party can cancel.