In certain states where termites are an issue, you should include $150-$200 yearly for renewing your termite report in your underwriting.While some may read these points and say "duh, you didn´t know that", this is meant for those who want to gather as much info as possible before deciding on a deal.Happy investing to you all.

Buying down the rate with points is a personal choice, but if you're holding the property long-term, it can definitely be worth it for more stable cash flow.

(To borrow from a Commercial Real-Estate Term)It keeps our rents a wee-bit lower and thus makes our units easier to rent & more competitive for our rental-brokersAlso, since rents are lower, it's a win for our Tenants who get to pay less in rent.Obviously, our running property costs have gone way, way down.

How are you adapting to these rising taxes, and do you foresee any strategies to mitigate the impact long-term? It

Even I was close to a  fabulous house but the inspector was so thorough and he mentioned Wood Destroying Organisms and we found so much termite infestation in the attic etc that I decided it was too much work and moved on:)

I suspect you have termite, and mold exposures.

If you plan to hold the property long-term, it might make more sense to pay a higher fee for a lower rate.

They handle tenant screening and the leasing process for you, ensuring the tenants are viable and likely to stick around long term. It’s

Also do not deal with tenants, toilets, termites, maintenance etc. 

Modern lumber is also a lot more prone to termite damage as it is softer and easier to consume whereas old lumber is extremely resinous and naturally termite resistant.